Speeches

Adam Afriyie – 2014 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Adam Afriyie on 2014-04-29.

To ask Mr Chancellor of the Exchequer, what recent progress has been made on implementing the recommendations of the Office of Tax Simplification.

Mr David Gauke

At Budget 2014 the government announced it will implement Office of Tax Simplification (OTS) recommendations to simplify the taxation of employee benefits and expenses, employee share schemes, and partnerships. It will also simplify National Insurance contributions (NICs) for the self-employed by collecting class 2 NICs through Self Assessment from April 2016, as recommended by the OTS.