Taxation
(asked on 2nd March 2016) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what plans he has to simplify the taxation regime.
This question was answered on 10th March 2016
The Government is committed to simplifying the tax system, and so is taking forward legislation to put the Office of Tax Simplification (OTS) on a permanent, statutory footing, with an expanded role and capacity.
The OTS has recently published reviews on small company taxation and the closer alignment of income tax and National Insurance contributions. The Government will consider the OTS’s recommendations carefully.
The topics of future OTS reviews will be announced in due course.