Tax law 'complicated and unfair'
New tax institute president sets out his agenda
New tax institute president sets out his agenda
John Cullinane’s the new president of the Chartered Institute of Taxation has
launched his campaign for the ‘return of the rule of law’ to the tax system.
Setting out his agenda for his year in office, Cullinane said: ‘If there are
rules, individuals and businesses know that if they behave in certain ways, they
will pay so much tax, and they can take that into account in making decisions.
Equally if there are rules Governments can predict at a macro level how
individuals and businesses will behave.’
Cullinane was quoted in The Times as saying tax measures ‘go through
parliament with little scrutiny but the result is often a system that is more
complicated and unfair than before’.
He said for tax law to be effective, it should be based on principles and
be capable of being understood.
The numbers you crunch tell a story. Your expertis...
18yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn 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 resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe upcoming tax changes in 2024 will significantly impact businesses and individuals in the UK. Accountants play a crucial role in helping clients na...
View articleUHY Hacker Young and audit engagement partner Martin Jones face fines of more than £300,00 following Laura Ashley audit breaches. Read More...
View articleIt is hard to argue that the Taxes Management Act 1970 (TMA), wouldn’t benefit from some substantial updating. It came into force back in the mists of...
View articleMorton became Tax Director of the Office of Tax Simplification, an independent office of HM Treasury, in 2017 Read More...
View articleThe Low Income Tax Reform Group believes the government should have included tax initiatives in its plans for disabled people and employment Read More...
View articleThe Upper Tribunal has rejected an appeal from HMRC in a case relating to the taxation of termination payments made to football player employees of To...
View articleThe revised guidance sets out the circumstances under which trustees need to disclose the identities of beneficiaries to HMRC Read More...
View articleAlthough the concept of a £1,000 tax-free allowance sounds very simple, there are a number of complexities of which taxpayers and advisers need to be ...
View article