Internet, European Business Development Consultant for the Entrepreneur - Online Services, Headlines, Tools (Entrepreneurs and Co) - http://www.entrepreneurs-and-co.com
The UK Government is Moving Towards TAX Simplification
http://www.entrepreneurs-and-co.com/articles/134/1/The-UK-Government-is-Moving-Towards-TAX-Simplification/Page1.html
Didier Delmer

"The Didier Delmer Daily News Watch"

Profile :


- Serial Entrepreneur in the High-Tech & Service Industries,
- Expert in
European Business Development,
- VP International at Newcom Inc (Nasdaq listed),
- Founder of
Easy Consulting,
- VP @ 
High-Tech Business Club,
- Founder of
Portail des PME,
- Currently working on 
Entrepreneurs and Co & DidierDelmer.com ,

 
By Didier Delmer
Published on 10/12/2007
 

The UK Government is currently reviewing how to simplify taxation for small buisinesses. Get the lastest headlines ...


Small Business Taxation in the UK : Simplification ...

The UK Government is currently reviewing :

- how to simplify VAT rules and administration in the UK and the EU;
- how anti-avoidance legislation can best meet the aims of simplicity and revenue protection; and
- how to simplify the corporation tax rules for related companies.

The reviews follow on from the Budget 2007 announcements to make the tax system fairer, simpler and more efficient by :

- modernising and simplifying both the personal and business tax systems;
- publishing the implementation plan for the 2006 Review of HMRC Links With Large Business; and
- delivering 300 million pounds of administrative savings to business, helping HMRC towards achieving its administrative burden targets.