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Tories' new take on tax simplification

Posted by AccountingWEB in Tax on Fri, 04/07/2008 - 09:57

A report by a working group headed up by ex-chancellor Lord Howe is recommending that the next conservative government should make some radical changes to the way that new tax legislation is drawn up and scrutinised in order to simplify the UK’s tax code.

It suggests the establishment an Office of Tax Simplification (OTS) to examine the existing tax code and make proposals for simplification.

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