Tax Simplification - Osborne's Dream In Tatters

The latest handbook on tax legislation (as per Smith & Williamson) now runs to a staggering 20,300 pages, and eight volumes (as opposed to the two in 1994/95).

This excludes Finance (No.2) Bill currently going through Parliament following the Summer Budget.

Back in 2010, when the book ran to a mere 11,000, George Osborne said that Britain had "one of the most complex and opaque tax codes in the world" and it needed to be simplified.

I quoted Gauke at the time:

"The tax system created by the previous government was overly complex and has made the tax affairs of millions of families and businesses across the UK extremely complicated.

We need to reduce the complexities in our tax system and the coalition is committed to delivering that goal.

The Office for Tax Simplification will provide important advice that will help inform us in making the right reforms to the tax system that will help to pave the way to bringing more international business to the UK, which will give our economy the boost it so urgently needs in the years ahead."

Osborne in 2011 described the 11,000 pages as a "spaghetti bowl"

"Britain has one of the most complex and opaque tax codes in the world.

And he wanted a "permanent body to push against the forces of complication" and make life easier for firms.

Announcing the new body, Mr Osborne said his "dream" was "that people might actually understand the tax laws which with they actually being asked to comply with".

How's that working out for you then George?

Tax does have to be taxing.

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