Don't tinker! warns ICAS

The Institute of Chartered Accountants in Scotland (ICAS) has come out against the planned simplification of corporation tax, observing that the proposals would further complicate small compay taxation.

ICAS comments that there is a need for well-directed reductions in tax compliance burdens on business, but the answer is not to be found in recent Government proposals to change the way small companies prepare their accounts.

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