TaxPersonal TaxLib Dems slams Finance Bill complexity

Lib Dems slams Finance Bill complexity

The government has been accused of ignoring appeals for new tax law to be drawn up under a code of fiscal simplicity.

The charge came from Liberal Democrat spokesman Edward Davey, who complained in the Commons that this year’s Finance Bill is littered with unnecessary complexities.

He launched the attack during a debate on the 1p cut in the basic rate of income tax.

He said: ‘We believe that the government need to go away and think about how they are adding unnecessary complications to the income tax system. They promised to simplify that system, but they have done the opposite.’

But paymaster general Dawn Primarolo said the Liberal Democrats were hardly practising what they preached with their plan to add a new super tax rate of 50% on incomes over £100,000 a year.

7 APRIL 2000 FINANCE BILL

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