Taxation, work and welfare
25 March 2010
In May 2008, the Chancellor announced the launch of a forum on tax to examine ways in which the tax system could provide the long-term certainty multinational companies need, considering the competitiveness and other challenges facing both business and government.
The desire for a short and clear statement emerged as part of regular forum discussions and builds on the Government’s work to understand and respond to the views of business. In response, the Government has published its Tax Framework for Business.
On this page you will find a copy of the framework and a letter from the Financial Secretary to Douglas Flint, the Chief Financial Officer of HSBC plc, which explains how the Government will apply the framework in practice.