Taxation Principles Reporting Bill

Bills are proposals to make a new law or to change an existing one. Only Parliament can pass a bill. Each bill goes through several stages, giving MPs and the public the chance to have their say.

This bill proposes a statutory framework for the reporting of tax information based on core taxation principles, intended to increase the availability of information about the operation of the tax system and contribute to an improved understanding of tax policy among the general public, and would allow for the observation of trends and provide insights into how the tax system is developing and responding to external challenges.