TaxPersonal TaxACCA proposal to ‘take the politics out of tax’

ACCA proposal to 'take the politics out of tax'

The process of government consultation with expert bodies on tax reform appears to have lost direction and purpose, according to ACCA head of tax, Chas Roy-Chowdhury, writing in today's Accountancy Age.

‘The formulators of new policy suffer from a failure to pick out the important issues and to consult properly on them. Look at the history of income tax, capital gains tax, IR35 and DTR,’ says Roy-Chowdhury.

In a critical article, Roy-Chowdhury argues the current government appears more interested in quantity rather than quality.

‘It cannot make sense to go on churning out new legislation as if the government’s performance is measured by the number of trees it helped to fell,’ he says.

Roy-Chowdhury suggests it is time to take the politics out of tax and puts forward an idea for a tax policy committee, which could monitor and propose tax legislation where necessary.

To read the full text of Chas Roy-Chowhury’s article, click here.

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