Accountancy Age blog: Tax Hack with Alex Hawkes Accountancy Age blog: Tax Hack with Alex Hawkes A blog from Accountancy Age

« More on the Paul Gray payoff | Main | Treasury should stamp out duty rumours »

Tory complexity plan needs to be more radical

I haven't really known what to make of the Tories' plans on tax simplification.

Tax complexity is one of those tricky topics that I think nobody really knows how to solve, and I suspect there are good reasons for Richard Murphy-like cynicism about the whole project.

The plans are two-fold: firstly, an Office of Tax Simplification to monitor tax policies.

And secondly, a joint parliamentary committee on tax matters.

Of the two, I like the second far more than the first. Members of the House of Commons are, to put it mildly, very ill-briefed on tax frequently. To ask them to scrutinise the finance bill is hopeless, and a joint committee, comprising the much more experienced members of the House of Lords as well as those from the commons, would add to the intelligence of the debate.

The Office of Tax Simplification is less attractive. More bureaucrats do not create less bureaucracy; surely a principle the Tory party exists to promote.

Like a Corporate Social Responsibility department within a multi-national company, it will only exist to be paid lip-service to. Real simplicity, like real CSR, comes from the top; in the case of tax, from clear thinking and a desire and political will to embrace radical solutions.

Take one example. The debate over multi-nationals leaving the country has been hampered by complex arguments over whether we should lower the corporate tax rate, or just hammer the big companies with fiercely complicated rules about overseas subsidiaries. I doubt either would work.

In fact, the most elegant solution, rarely discussed, came from Deloitte. It suggested a low tax rate for mobile income, recognising that some things can be taxed and some can't.

The Tories should aim for similar realism on all aspects of tax; through doing so, they may get somewhere towards a simpler and better tax system.

Comments

I am unable to understand this post. But well some points are useful for me.

If Timur it is possible, also I will take, I will place here best-disk.ru

All was pleasant, but could not subscribe on rss, wished to broadcast here http://stroi-t.ru

The actual information, thanks, I will take to myself here http://v-rem.ru the reference to you I will put

Here and I about the same write here http://onlykats.ru

Has learnt for itself a lot of interesting, thanks, I wait for continuation
____________
http://olym-p.ru

Put our counter and there will be to you a happiness
http://pr0cy.com

Well so it also is as you write
http://d-kollag.ru

Saw I somewhere similar article, and it appears at you have stolen
_______________
http://acveduk.ru

I agree with the author previous too saw that at you have stolen article
_____________
http://ck-land.ru

Something of a spam at you in a blog became much
http://csc-ekb.ru

When there will be a continuation?
___________
http://kit-tv.ru

All was pleasant, only many confused comments
_______________
http://ssprint.ru

I congratulate on a holiday of all
_______________
http://mosaiclife.ru

Will take also I from you this article, can and I on a blog will have so much comments
_______________
http://li-er-kovka.ru

I saw continuation already this article
http://bsdetal.ru

?????????? ??????, ????? ????? ??????....

In an abrupt shift, Senate Democratic leaders said they would not provide the $80 million President Obama requested to close the detention center.

The results dealt a severe setback to the state’s fragile fiscal structure and to Gov. Arnold Schwarzenegger.

A primer on the new restrictions that credit card companies face

and some reassurances on those rewards programs.

Lawmakers say it appears likely that President Obama will sign a provision allowing loaded

President Obama appears likely to sign a provision, added to a measure on credit cards

A new design manual conceives of streets as multiple-use public spaces, with an emphasis on aesthetics.

Carlton Avenue, above, is cited as an example of the possibilities.

The test comes two days after a meeting when Israel told the U.S. about its concerns over Iran’s nuclear program

Carlos R. Moreno, a Supreme Court long-shot, is an admired moderate whose

opinions blend the head and the heart.

The relative populations of cities and the calories burned by mice are variations on a single structural theme.

Sriracha is essentially an American sauce, a polyglot puree with various sources.

Moscow housing has gone through a roller-coaster ride in the last few decades.

An outdated, meaningless policy is preventing President Obama from defining a much-needed new strategy toward Russia.

The U.S. is now relying heavily on foreign intelligence services to capture, interrogate.

Determining the constitutionality of President Obama’s proposal for “prolonged detention” trial.

Pregnancy and childbirth kill more than 536,000 women a year, more than half of them in Africa, including 13,000 in Tanzania,World

A new wave of liberal arts students are heading to farms as interns this summer, in search of both work, it

in search of both work, change.

Judge Sonia Sotomayor’s opinions are marked by diligence,reveal

Many Hispanics said Judge Sonia Sotomayor’s selection showed a recognition from Washington that was long overduesize

Very nice :) i love this blog, add more articles

??????? ??????????? ?????????? ????????????? ??????-??????????? ???????? ?????? ????????? ??????? ???? ?? ????????? ????????: «???????, ?????????, ????? ?????????? ????? ????????, ????? ?????????»

?? ??? ????? ???? ????????? ??????? ??? ???? ???, ??, ??? ??? ?????, ??????????? ????? ? ?????? ???????? ?????????, ? ????? ??????, ?????????? ??????????? ??????.

?????? ???????? ?????????????? ???????? ? ??????????? ?????????? ??????? ??????? ????? ????????? ??????? ??????? ?? ??????? ??????. ?????? ??????

??????? ? ?????????, ??? ??????, ????. ?? ?????? ???? ?? ?????????. (...)

??? — ??? ????? ?????, ????? ???? ??????? ????????? — ???? ????????, ???? ????????, ???? ?????, ???? ??????????. ??????? — ????? ????????? ?????????? ?????? «?????», «??????» ? ?????? ??????? ?????. ? ???????? ??????????? ????!

???? ??? ????? ??? ???????????? ????????????? ????? ??????????, ? ????? ? ??? ?????????????? ??????? ??????????? ???????????? ??? ?????????? ?????? ?????????? «???????????? ? ?????????».

??? ??? ?? ??????? ??? ?????????? ? «???????? ???? ??? ????»?

The blanks for the upper and lower “floating” shelves will have a simple bull-nose profile routed on them. This is the same profile shown in Mike Dunbar’s article and I like the look. But I had to go pick up a bull-nose bit (Freud, purchased at local Woodcraft).


J’ai efface la petite erreur de ta part ^^.
Mais quand tu dis Cali, tu parles de Calimerotte du fdf ? Je ne suis pas sur car je n’ai pas aussi bien suivit toute cette periode que toi, ne sentant pas a l’aise vis a vis des histoires qu’il y a eu dans le staff du fdf et surtout me sentant mise a l’ecart du fait que je n’en faisais plus partit depuis un moment deja je n’etais pas si proche de vous a cette periode.

Hello, I can’t understand how to add your blog in my rss reader
————————
ad: Allied Cash Advance

I rarely comment on blogs but yours I had to stop and say Great Blog
Insurance services in Fremont

Hello, I can’t understand how to add your blog in my rss reader
————————
ad: Charades

Post a comment


Useful links: About | Privacy policy | Terms & conditions | Top of the page
© Incisive Media Ltd. 2009
Incisive Media Limited, Haymarket House, 28-29 Haymarket, London SW1Y 4RX, is a company registered in the United Kingdom with company registration number 04038503