Ten steps towards a simpler tax system_2
3 April 2012
Tax column
UK businesses are drowning under complicated tax laws. We report on the reform
Have you ever felt overwhelmed by the UK tax system? Do you wonder how it can take 28 pages to explain how to calculate income tax? Do you despair at the size and density of finance acts and wonder why each new year brings yet more changes to the tax system? In 1955, two finance acts covered 24 pages - the 1998 Finance Act covered 560 pages.
At the tax...