Link: Lords slam tax laws
William Sargent, who chairs the government council, said there was a ‘general agreement’ between business and the government that the tax regime needs to be simplified, The Daily Telegraph reported.
Sargent added that Gordon Brown should support trade secretary Patricia Hewitt’s pledge to avoid introducing any new family-friendly employment laws until 2006.
‘Our view is that one of the most effective things people can do is to simplify things, but it’s difficult to simplify if you change things once or twice a year in the Finance bill,’ said Sargent.
Committee expresses concern about costs to businesses and April 2018 implementation date
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Laurence Field, the head of tax at national audit, tax and advisory firm Crowe Clark Whitehill outlines the 6 'unexpected items' regarding HMRC's Making Tax Digital plans