Opinion – Whiting calls for reform.

Opinion - Whiting calls for reform.

John Whiting has set the tone for his term as president of the Chartered Institute of Taxation by saying he wants to work for a tax policy committee to mirror the work of the monetary policy committee.

This is an interesting idea and one that deserves exploration. But it is not entirely new. Chas Roy-Chowdhury, head of taxation at ACCA, has advocated the very same measure in articles for Accountancy Age.

Whiting’s hope is that a critical mass of support for reform of our unthinkably complicated tax system can be created. He freely admits that he has not worked out all the final details of the policy committee but if he at least persuades government to start the ball rolling on reform of the tax system he will have achieved a great deal.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

2m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article