Complexity 'benefits big businesses and tax advisers'

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Complex tax law leads to a redistribution of wealth in favour of larger businesses and specialist lawyers and accountants, who have enjoyed a "bonanza" since Labour came to power, the Conservatives claimed yesterday.

As MPs began to examine the Finance Bill, John Bercow MP called on the Paymaster General to accept that there is a link between the tax law rewrite project and the composition of Finance Bills.

Unless and until the size of Finance Bills is reduced "we will be effectively ensuring that wealth is redistributed in favour of large businesses that can pay for specialist tax advice, and against small businesses that cannot," he argued.

Philip Hammond, shado...

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