The tax system in recent years has become more complicated, less efficient and less transparent. We should have a tax system which looks ‘like someone designed it on purpose’, writes Paul Johnson
Jeanette Zaman and Zoe Andrews write that the recent changes to the partnerships tax rules highlight an increasing trend for loosely drafted, wide-reaching legislation that requires reliance on detailed guidance to identify its actual anti-avoidance targets
The government should declare victory on the policy objectives of the bank levy and now allow bank levy revenues to ‘free float’, writes Richard Milnes.
David Gauke MP, exchequer secretary to the Treasury, answers questions on last week’s Budget