NI Tax Committee meets with the Office of Tax Simplification

Nov 27, 2019

 

Earlier this week the NI Tax Committee met with the Office of Tax Simplification (“OTS”) to discuss UK tax complexity in four specific areas; stamp duty land tax, income tax, capital gains tax and reporting and paying tax for the self-employed. Read our position papers which were discussed in detail at the meeting.

The meeting also discussed the recommendations made in the recent OTS initial review “Tax reporting and payment: Simplifying tax for self-employed people and residential landlords”.

The Committee’s recommendations and proposals also focused on ensuring agents have access to the information held in business and personal tax accounts. In addition, HMRC needs to also develop enhanced online services for agents, in tandem with any developed for taxpayers and businesses.