Office of Tax Simplification - review of tax simplification

Today is your last chance to provide feedback on the Office of Tax Simplification’s new review of tax simplification which the Institute will be contributing to. The OTS is keen to hear practical, real-world examples as illustrations of any particular points. Please send your comments and feedback to leontia.doran@charteredaccountants.ie by close of business today 28 March 2022.

The OTS would particularly welcome views in relation to:

• the benefits which tax simplification can bring and the ways in which this can be practically achieved and measured;
• examples of the ways in which tax complexity, as the counter of tax simplification, is experienced in practice and the impacts it can have;
• simplification principles which the government should consider in relation to the development of tax policy; and
• areas of simplification which the OTS should potentially look to prioritise.

The OTS has also published the following updates on its work:

• Review of property income - survey and call for evidence; and
• Evaluation paper on the single customer account.