Against this background, we asked HM Treasury whether it would publish its plans so that taxpayers may prepare for how and when taxes might need to change in order to achieve net zero. HM Treasury said that it was sure that in setting out its plans the government will be very conscious of the need to give households and businesses proper time to understand the nature of the transition and where the likely costs might fall, so that they can plan accordingly.39 31 Qq 35–36 32 HM Treasury, Budge...
Against this background, we asked HM Treasury whether it would publish its plans so that taxpayers may prepare for how and when taxes might need to change in order to achieve net zero. HM Treasury said that it was sure that in setting out its plans the government will be very conscious of the need to give households and businesses proper time to understand the nature of the transition and where the likely costs might fall, so that they can plan accordingly.39 31 Qq 35–36 32 HM Treasury, Budget 2021, HC 1226, March 2021, sections 2.85, 3.16 33 HM Treasury, Budget 2020, HC 121, March 2020, section 2.37 34 Q 49 35 Q 12 36 Q 85 37 C&AG’s Report, Type: conclusion | Number: 21 | Response status: not_addressed