The Taxation Technical Committee has been set up to understand and discuss how proposed changes to tax law will affect the industry and the consumer, and where appropriate to liaise with HMT and HMRC on how changes may affect the industry and the consumer, and advise on potential unintended consequences.
Graham Bateman, Regulation Executive leads on this work at TISA.
Areas of focus
Monitor the impact of the UK’s tax regime the on savings, pensions and investment industry, and the consumer.
Monitor and understand any proposed changes to relevant tax law and the likely effects of those changes, seeking clarification where necessary from HMRC.
Consult with the industry to understand how proposed changes are most likely to play out in terms of driving consumer behaviour and the impact on the industry, and how the industry is most likely to react.
Share its conclusions and comments with HMRC, and where appropriate recommend changes to existing law, or amendments to proposed changes.Consult with member firms on proposed changes to the tax regime and how best to prepare for the changes in terms of marketing, product design or operational processes.
Firms who are members of/participating
Chair: Edward Grant
Deputy Chair: Kate Nicholson
Aberdeen Standard Investments
CMS Cameron McKenna Nabarro Olswang LLP
JPMorgan Asset Management
Raymond James Investment Services Limited
Royal Bank of Scotland
Secure Trust Bank Plc
St James’s Place Wealth Management (including Technical Connection)
If you are a TISA member, and would like to get involved with the Taxation work, please get in touch at email@example.com