It appears that the suggestion by Lord Howe (yes, he is still alive!) to investigate government business tax proposals has met with a favourable response.
A number of well-known companies, including Shire and United Business Media, have recently moved out of UK tax jurisdiction because they view the UK tax system as both unfair and unreasonably complex.
Members of the Association of Chartered Certified Accountants were polled and felt that the United Kingdom was at the bottom of the pile when it came to transparency and fairness.
You know when your tax system is too complicated and bogged down in bureaucracy when even the accountants themselves - who, after all, are paid to understand this stuff - feel things needs to be clarified.
If they feel that way, what hope the rest of us?
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