The initiative came as part of the chancellor’s statement on a referendum for the euro this week, which delayed a decision until the Budget in 2004.
In August 2000, Chas Roy-Chowdhury, head of tax at ACCA, wrote in Accountancy Age calling for a body to ‘monitor and propose tax legislation’.
A year later, John Whiting, then president of the Chartered Institute of Taxation, announced he would campaign for the creation of a tax policy committee that carried out similar work to the MPC’s management of interest rates.
During his euro speech on Monday, Brown proposed setting up a ‘regular fiscal stability report … ensuring that fiscal decisions are fully transparent and accountable’. The report would be published on a pre-announced timetable and would form part of the chancellor’s wider fiscal policy.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016