He told a fringe meeting at the Liberal Democrat Conference in Bournemouth that few people could disagree with the idea of users of public services having the choice of how they wanted them delivered.
But Bundred said there was a cost to delivering choice which might need over capacity to enable people to exercise that right.
He added that there was a problem of reconciling choice with value for money. ‘Increasing choice in public services might need taxes to rise,’ warned Bundred.
And he said that an Audit Commission opinion survey showed that while people favoured choice in public services as an idea they were much less keen if they had to pay for it through increased taxes.
The government is likely to take the opportunity to reform specific areas of VAT law which are currently problematic
The European Commission has set out further steps to boost tax transparency as part efforts to fight tax evasion and avoidance
Corporation tax cut is just the beginning of tense Brexit negotiations with the EU. They will undermine international efforts to harmonise tax law
The chancellor announced plans to 'galvanise the economy', following Britain's decision to leave the EU