TaxPersonal TaxAccountancyAge.com weekly news focus: Tax

AccountancyAge.com weekly news focus: Tax

Customs has hit back at yesterday's report by MPs on a Treasury Committee recommending a merger with the Inland Revenue. Meanwhile, Portillo has been making his mark by voicing opposition to IR35.

The idea of merging the Revenue and Customs is an old idea which has gained new life since MPs on the Treasury Committee, enthused by a visit to Canada last year, have got their teeth into the idea. Canada’s tax gathering authorities were merged in 1993.

However logical the idea may appear, many experts have opposed it on the basis that it would simply be too expensive and disruptive.

Tax practitioners are already complaining at the enormous number of changes to the tax system that they and taxpayers are currently digesting.

We welcome your views on this – please use the email button at the bottom of this story.

Meanwhile, the government has revamped inheritance tax forms.

Tips for next month’s Budget can be found on the AccountancyAge.com comment area.

AccountancyAge.com is also running a competition for site users to win a luxury weekend in Barcelona – which will be launched from tomorrow and run until April 7.

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