We should grasp the opportunity to create a stable, coherent, simpler and fair tax system, argues David Martin (formerly Herbert Smith).
Speaking in Leeds at the first hustings for Conservative members at the end of July Liz Truss said: ‘Our tax system isn’t working. It’s too complicated. I would have a complete review of the tax system.’
She didn’t explain her thinking any further but I would respectfully agree with her conclusion. There is an immediate cost of living crisis to tackle but there will remain a longer term need to reappraise our tax law.
We have had a patchwork development of our tax code for many years one could say decades and what has been the result?
One only has to spend a few moments leafing through the seven volumes of Tolley’s Tax Handbooks (amounting according to a calculation by The...
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We should grasp the opportunity to create a stable, coherent, simpler and fair tax system, argues David Martin (formerly Herbert Smith).
Speaking in Leeds at the first hustings for Conservative members at the end of July Liz Truss said: ‘Our tax system isn’t working. It’s too complicated. I would have a complete review of the tax system.’
She didn’t explain her thinking any further but I would respectfully agree with her conclusion. There is an immediate cost of living crisis to tackle but there will remain a longer term need to reappraise our tax law.
We have had a patchwork development of our tax code for many years one could say decades and what has been the result?
One only has to spend a few moments leafing through the seven volumes of Tolley’s Tax Handbooks (amounting according to a calculation by The...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
