Government vows to simplify tax
The Chancellor George Osborne and Exchequer Secretary David Gauke today (20 July) established the Office of Tax Simplification (OTS).
The Chancellor has appointed a board of tax experts who will be responsible for leading the work of the OTS over the next year - Michael Jack, chairman, and John Whiting, tax director.
Their responsibilities will be to identify areas where complexities in the tax system for both businesses and individual taxpayers can be reduced and to publish their findings for the Chancellor to consider ahead of his Budget.
The OTS will undertake two initial reviews over the coming year. They will focus on tax
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