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U.K. to Launch Series of Tax Strategy Consultations in March

Feb. 18, 2021, 2:23 PM

The U.K. will launch several consultations March 23—three weeks after the spring 2021 budget—that will shape its tax strategy for the next 10 years.

Jesse Norman, financial secretary to the Treasury, said in Thursday’s announcement that the timing is designed to ensure the consultations aren’t drowned out by the noise of the budget, which Chancellor Rishi Sunak will present March 3.

  • Norman also penned a letter to lawmakers in the Treasury Select Committee, stating HM Treasury’s position that Crown Dependencies and Overseas Territories should have public registers of company beneficial ownership by the end of 2023.
  • “The government expects all...

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