The Office of Tax Simplification (OTS) has said that the smallest businesses should be allowed to use receip
Professional regulation and reform has been one of the hot topics in 2011, reports Robert Lovell.
Treasury minister David Gauke this week promised to “lift the lid on tax” by transforming “the customer experience of the personal tax system”, but risked the wrath of tax advisers by refusing to c
John Haylock, the practice performance manager for BankLink, draws parallels between proposals to simplify reporting requirements and tax calculations for small businesses in Europe and the UK
The Institute of Directors (IoD) has come out in favour of the Office of Tax Simplification’s (OTS) proposal to use cash accounting as the basis for taxing small businesses.
During the deliberations of the OTS Small Business Advisory group earlier this year, quite a lot of time was taken up by IR35, reports Simon Sw
Radical changes suggested by the Office of Tax Simplification could amount to a “complete revolution” in tax and accounting rules for small businesses, according to lecturers and TAXtv presente
After five years of research and countless consultations and conferences, the Institute for Fiscal Studies concluded that the UK tax system is “inefficient, overly complex and frequently unfair”.
The Office of Tax Simplification (OTS) continues to beaver away.