Most MPs want easier assessment.
An overwhelming number of MPs want a simpler self-assessment form, according to the latest parliamentary survey from the Chartered Institute of Taxation.
A colossal 92% said they needed a simpler form to fill in while 73% still find the process ‘difficult or time-consuming’.
Penny Hamilton, president of the CIOT, said the key to improving the self-assessment form was to simplify the tax system. ‘Although we are encouraged by the increase in the number of MPs attempting to fill in their own tax returns it is not surprising 74% of MPs still fail to complete the forms without help.’
The government is to scrap the tax on bingo stakes as part of an effort to boost the industry.
Economic secretary to the Treasury John Healey announced a consultation on the plan saying: ‘If we can repeat for bingo the success of our tax reforms for betting and the pools, we will help to make the next 20 years ones of growth and development for bingo clubs, and help to safeguard their place in the heart of our local communities.’