Speeches

Matthew Offord – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Matthew Offord on 2016-03-02.

To ask Mr Chancellor of the Exchequer, what plans he has to simplify the taxation regime.

Mr David Gauke

The Government is committed to simplifying the tax system, and so is taking forward legislation to put the Office of Tax Simplification (OTS) on a permanent, statutory footing, with an expanded role and capacity.

The OTS has recently published reviews on small company taxation and the closer alignment of income tax and National Insurance contributions. The Government will consider the OTS’s recommendations carefully.

The topics of future OTS reviews will be announced in due course.