Hodge appointed to head new tax responsibility committee

Hodge appointed to head new tax responsibility committee

Margaret Hodge to head up newly-formed committee examining tax issues

FORMER PUBLIC ACCOUNTS COMMITTEE CHAIRWOMAN Margaret Hodge is to lead the newly-formed tax responsibility committee, it has emerged.

The cross-party group will also involve prominent MPs including former Conservative party chairman David Davis, Labour’s John McFall, who formerly chaired the Treasury committee. Richard Bacon, the Conservative MP for South Norfolk who is currently a member of the PAC, will also be involved. The secretary for the group is Peterborough MP Stuart Jackson.

The group has pledged to explore the ways in which parliament can help to build and maintain the fair, sustainable and transparent tax system that is needed if individuals, businesses and markets are to create growth and prosperity both in the UK and internationally.

The move is backed by think tank CoVi and also has the support of Oxfam, CBI, Action Aid and CIPFA.

Hodge (pictured) said: “In recent years the issue of who pays tax and how much they pay has really struck a chord with the public. We want Parliament to continue to play a key role in building and maintaining the fair, sustainable and transparent tax system that is needed to create growth and prosperity both in the UK and internationally.”

Hodge also added the committee would not clash with the work of her former committee, chaired by fellow Labour MP Meg Hillier.

Share

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

2y Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2y Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

5y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2y Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article