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Dear Supporter,
We know the economy is going through a difficult phase. It's not been helped by reckless spending and sky-high tax bills, of course.
But the work of the TPA was evident in much of yesterday's Queen Speech. It shows that we need to keep fighting on the big fiscal picture - because we can make a difference. We can get things done. We can change things for the better.
Let's take a look at some of yesterday's wins.
Non-Domestic Rating Bill
Shortening the business rates revaluation cycle from five to three years from 2023. We have been campaigning for reforms to business rates for years now, including shortening the revaluation cycle in our response to the HM Treasury consultation on business rates. This will ensure the rate is more closely aligned to current market conditions, creating a fairer system for businesses.
Media Bill
Enabling a change of ownership of Channel 4 so it can continue to thrive and grow its impact for years to come as part of the wider public service broadcasting system. In October 2021, amid growing discontent with the state of public service broadcasting, we proposed bold reforms to the whole model, including scrapping the licence fee alongside the sale of Channel 4 and part of the BBC. Alongside recent announcements regarding the end of the TV tax, the government committed yesterday to the sale of Channel 4 - unshackling the broadcaster from taxpayers and potentially raising billions of pounds in the process.
Procurement Bill
Enshrining in law the objectives of public procurement including: delivering value for money, maximising public benefit, treating suppliers equally and without discrimination, and acting, and being seen to act, with integrity. We have been calling for the government to deliver value for money in procurement since our inception, calling out waste in procurement wherever we find it. Our research on public procurement provided a number of steps which could be taken to increase efficiency and save money for taxpayers.
Boycotts, Divestment and Sanctions Bill
Ensuring that public bodies conduct procurement and investment activities in line with official government measures on both policy and sanctions. We have been calling out publicly-funded bodies for inappropriate political activity since 2009, and started our specific “Clean Up The State” campaign in February 2020.
Levelling Up and Regeneration Bill
Relaxing regulations to ensure everyone can continue to benefit from al fresco dining. In June 2020 we proposed abolishing a package of 20 regulations to generate growth, including allowing cafes, restaurants and pubs to use nearby parking spaces and parks for tables.
We can't get these important victories for taxpayers without your support.
Thank you for your help and I hope we can count on you in the big upcoming battles.
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