Here are the facts:
- 6,102 pages of legislation (according to Tolleys in 2012)
- 639 monetary values
- 425 thresholds
- 214 penalties
Click to access OTS_Focus_paper_on_complexity_final.pdf
The Office of Tax Simplication have been working on ways to simply things since 2010 but it seems to me every time we change things we just create more rules!
How will tax payers be able to cope with Making Tax Digital and the introduction of Quarterly and eventually Monthly reporting!
