CIOT comments on end of Tax Law Rewrite project
The Chartered Institute of Taxation has noted the publication of what will be the final two Bills from the Government’s Tax Law Rewrite project. Whilst acknowledging the benefit of having clearer legislation, the CIOT has always had concerns about the aims of the project.
Commenting, CIOT Tax Policy Director John Whiting said:
“The Rewrite has done a good job but our concern has always been that it has not really been the right job. The new law is certainly clearer but it would have been better to put the effort into simplifying the system rather than just the wording.
“The Institute believes that bringing the Rewrite to a close is correct, as we have previously said. We would hope that more effort can now be put into simplifying the tax system.”
Notes to editors
1) The Chartered Institute of Taxation (CIOT) is a charity and the leading professional body in the United Kingdom concerned solely with taxation. The CIOT’s primary purpose is to promote education and study of the administration and practice of taxation. One of the key aims is to achieve a better, more efficient, tax system for all affected by it – taxpayers, advisers and the authorities.
The CIOT’s comments and recommendations on tax issues are made solely in order to achieve its primary purpose: it is politically neutral in its work. The CIOT will seek to draw on its members’ experience in private practice, Government, commerce and industry and academia to argue and explain how public policy objectives (to the extent that these are clearly stated or can be discerned) can most effectively be achieved.
The CIOT’s 14,900 members have the practising title of ‘Chartered Tax Adviser’.
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