London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

What price simplification?

A (rather unscientific) calculation last weekend led to my conclusion that there are currently around 23 open and 4 closed tax consultations plus 5 sets of draft regulations outstanding with HMRC.

The topics range from childcare to HMRC direct access to bank accounts.  If all of the consultations take effect in next years’ Finance Act it is going to be a big publication.

The volume and diversity make it very difficult for anyone, even those full-time in tax, to keep up to date.

Is it not time to stop tinkering and look seriously at simplifying our tax code?

 

 

Date: 12th August, 2014
Author: Cathy Corns

SHARE THIS

Articles from this Author

Contact Business Service Partners

Choose from the drop down menu below to select a Partner to contact.

Tweet

“Good luck to everyone who has also made it as a finalist, I look forward to awards evening later on in the year”-L… twitter.com/i/web/status/8…

Michael Lapham shortlisted in the Money Management Financial Planner Awards 2017 bit.ly/2fL8VXBtwitter.com/i/web/status/8…

Follow

LinkedIn

For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn