Effectiveness of OTS set to be reviewed by Treasury

The Treasury has launched a review into the effectiveness of the Office of Tax Simplification (OTS).

The Treasury has launched a review into the effectiveness of the Office of Tax Simplification (OTS), the independent body responsible for helping to make the UK tax system simpler and easier to interact with for taxpayers.

In a new call for evidence, the Treasury said that whilst the review is internal, it is keen to gather the views that stakeholders, businesses, tax professionals and academics have on the OTS.

The Treasury is seeking views on the resourcing, funding and governance of the OTS; the OTS's relationship with HMRC; the OTS's work to date; the impact of the OTS's work on the government's approach to tax simplification; and steps that could be taken to enhance the effectiveness of the OTS.

The call for evidence also asks stakeholders whether they believe the OTS is sufficiently independent from the government, and whether it has the correct breadth of expertise on its board.

The Treasury stated that the outcomes arising from the review will be published in the autumn of 2021.

Internet link: GOV.UK

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The Treasury has launched a review into the effectiveness of the Office of Tax Simplification (OTS), the independent body responsible for helping to make the UK tax system simpler and easier to interact with for taxpayers.

In a new call for evidence, the Treasury said that whilst the review is internal, it is keen to gather the views that stakeholders, businesses, tax professionals and academics have on the OTS.

The Treasury is seeking views on the resourcing, funding and governance of the OTS; the OTS's relationship with HMRC; the OTS's work to date; the impact of the OTS's work on the government's approach to tax simplification; and steps that could be taken to enhance the effectiveness of the OTS.

The call for evidence also asks stakeholders whether they believe the OTS is sufficiently independent from the government, and whether it has the correct breadth of expertise on its board.

The Treasury stated that the outcomes arising from the review will be published in the autumn of 2021.

Internet link: GOV.UK