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Business tax forum line-up unveiled

20 May 2008
Categories: News , Business , Companies
Group includes senior representatives of multinational companies and veteran economists

The Treasury has unveiled the membership of its new multinational forum on tax, which was announced last month.

The group — chaired by financial secretary Jane Kennedy — includes senior representatives of multinational companies, as well as a number of veteran economists.

It is intended that the forum will discuss ways in which the UK's tax system can provide the long-term certainty that multinational companies need in the face of increased competitiveness and other global challenges facing both business and government.

Membership will comprise:

  • Richard Lambert, CBI
  • Douglas Flint, HSBC Holdings
  • Julian Heslop, GlaxoSmithKline
  • Hanif Lalani, BT Group
  • James Lawrence, Unilever
  • Andrew Shilston, Rolls-Royce Group
  • Dr Byron Grote, BP
  • Nicolas Moreau, Axa (UK)
  • Duncan Tatton-Brown, Kingfisher

To ensure the group is able to draw on the best evidence and analysis, the Chancellor has also invited four economists to become forum members:

  • Dr Andrew Mclaughlin, Royal Bank of Scotland Group
  • Professor Michael Devereux, Said Business School, Oxford
  • Adam Lent, TUC
  • Dr Parthasarathi Shome, HMRC

The line-up was greeted enthusiastically by CBI director-general Richard Lambert, who said: 'I'm encouraged to see the outstanding calibre of the forum members, drawn from some of the best companies in the world.

'It is an excellent opportunity for policy-makers to tap into their expertise whilst hearing firsthand about the impact of their recent tax strategies.

'Mr Lambert added: 'It is important that the Government listens as businesses are prepared to vote with their feet if they feel the UK's tax or regulatory regime is placing them at a disadvantage.

'What is needed is a competitive and consistent tax regime which business can have trust in.'

Sections - corporation tax

Categories: News , Business , Companies
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