Tax merger to simplify.
New shadow trade and industry secretary David Heathcote-Amory has floated the idea of merging the Inland Revenue and Customs & Excise as part of moves to simplify the tax system. He raised the suggestion at the Tory conference in Bournemouth this week. The accountant MP said the Chartered Institute of Taxation initiative – to ask MPs to fill in tax forms themselves – had opened many of their eyes to how complex the system had become. He said: ‘We do need simplify the tax system urgently.’