Finding a simpler way

Bill Dodwell asks whether we can create a simpler system of tax to benefit the smallest companies

On 20 July, the Office of Tax Simplification (OTS) published an evaluation update on its Corporation tax review and its Accounting depreciation or capital allowances review, combined with a stock take of its work on personal service companies and self-employed people’s taxation (see This is the second recent evaluation of previous reports published by the OTS; the first, published in October 2019, looked at the November 2017 VAT report.