Latest Office of Tax Simplification update
The Office of Tax Simplification (“OTS”) work continues. A 10 year anniversary event was held on Monday 7 September.
- On 14 July 2020, the Chancellor wrote to the OTS to commission a review of Capital Gains Tax;
- On 20 July 2020, the OTS published a note evaluating its work on corporation tax and providing a stock take of its work on the taxation of self-employed people; and
- On 21 July 2020, the OTS published its fourth Annual Report covering the year to 31 March 2020.