John Whiting and Caroline Turnbull-Hall of the Office of Tax Simplification look at how the way terms are defined in tax legislation contributes to complexity... or could it be a route to simplification?
The Office of Tax Simplification (OTS) has been in operation for just over three years and it has published a series of reports on areas of the tax code. These have led to a number of changes to tax law usually after further consultation.
But as well as these projects – and we have two current projects in hand on employee benefits and expenses and on partnership taxation – we have been working at an ‘underpinning’ piece of work.
We’ve asked ourselves: ‘What are the...
