{"id":70458,"date":"2016-05-12T13:02:12","date_gmt":"2016-05-12T13:02:12","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=d68ff9d1b33b0d4f7b759924446af9ba"},"modified":"2016-05-12T13:02:12","modified_gmt":"2016-05-12T13:02:12","slug":"press-release-simplifying-tax-for-the-future","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=70458","title":{"rendered":"Press release: Simplifying tax for the future"},"content":{"rendered":"
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Simpler taxation for individuals and businesses came a step closer today (12 May 2016) as the Office of Tax Simplification (OTS<\/abbr>) published its high level strategy consultation<\/a>.<\/p>\n

The OTS<\/abbr> aims to make it easier for the millions of individuals, self-employed people and businesses who live and work in the UK to interact with the tax system, by playing a key role in making it simpler and so more understandable.<\/p>\n

Angela Knight Chair of the OTS<\/abbr> said:<\/p>\n

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Some areas of tax will always be complex but the OTS<\/abbr> aims to make using the system as easy as possible. Just as a mobile phone is a complicated piece of engineering but is pretty straightforward to make a call or send a text, so we intend for taxpayers to be able to manage their tax affairs with less hassle.<\/p>\n<\/blockquote>\n

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The world of work though is changing rapidly, whether it is what is often called the sharing economy or whether it is just that the Internet and e-commerce agenda has changed so much of what we do. The three strands of the OTS<\/abbr> strategy are to consider the tax issues that are arising as the world of work changes; to address specific complex areas; and to play a greater role in the digital agenda. To support this we also will be taking an active role in the public debate on tax.<\/p>\n<\/blockquote>\n

John Whiting OTS<\/abbr> Tax Director said:<\/p>\n

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Our strategy document sets out how we think the OTS<\/abbr> should develop and operate. But we want to hear from as many people as possible in response to the questions we have posed, to ensure we make the most of our new remit to help create a simpler tax system.<\/p>\n<\/blockquote>\n

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We have a real opportunity to build on our successes and increase the reach and impact we have.<\/p>\n<\/blockquote>\n

To deliver its strategy the OTS<\/abbr> plans to:<\/p>\n

    \n
  • set out how new trends and changes in business and employment (such as the sharing economy) will impact on tax<\/li>\n
  • consider how to make tax simpler given these changes to how we work<\/li>\n
  • reviews areas integral to these trends and identify difficult issues where an informed discussion is required<\/li>\n
  • take the issues and options out for wide discussion and evidence gathering<\/li>\n
  • encourage simplification to be built into tax policy making and implementation early on in the process<\/li>\n
  • engage closely with HMRC on its important digital agenda<\/li>\n<\/ul>\n

    The OTS<\/abbr> will shortly become a statutory body, with a new and broader remit. This high level strategy sets out the purpose and aims of the OTS<\/abbr>; the work it does; how and with whom it will undertake its work; and its impact and influence.<\/p>\n

    The consultation aims to ensure tax becomes simpler, with the UK remaining attractive to business, and reflects the OTS<\/abbr> new broader remit as a statutory body. The document is also intended to prepare the ground for the OTS<\/abbr> stakeholder conference, which is planned for 18 July 2016.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    Office of Tax Simplification publishes high level strategy consultation.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/70458"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70458"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/70458\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}