Our colleague, Kate Cottrell, has been seconded to the Office of Tax Simplification. The Office is tasked to provide an initial report to the Chancellor by Budget 2011 that identifies areas of the tax system that cause the most day-to-day complexity and uncertainty for small businesses and recommends priority areas for simplification.
Once the Government has considered the initial report the Office will be asked to produce specific recommendations on tax simplification for small businesses.
As part of the initial report, the Office will also explore alternative legislative approaches to IR35. IR35 (the intermediaries legislation) is legislation introduced in 2000 to counter avoidance of tax on employment income where workers receive payments from a client via an intermediary (usually a personal service company) and the relationship between the worker and the client would otherwise be one of employment.
If you have any points that you would like to have put to the OTS then we would be happy to co-ordinate feedback from our clients. Kate is keen to receive as much constructive feedback as possible before Christmas.