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Promises, promises

31 July 2012 / Richard Curtis
Issue: 4364 / Categories: Comment & Analysis , Admin
Is tax simplification possible? RICHARD CURTIS reports on the debate of this year’s Wyman symposium


  • To what extent might the tax system be simplified?
  • Fairness may have to be sacrificed for simplicity’s sake.
  • Is the temptation of politicians to ‘do something’ too much?
  • What areas are suitable for simplification?
  • Complexity in tax can create loopholes.

The title of the ICAEW Tax Faculty’s 2012 Wyman symposium was ‘Promises promises. Is tax simplification really achievable?’

Rebecca Benneyworth chaired the debate but before introducing the speakers she attempted to answer the question herself having that morning attended – on behalf of the faculty – a meeting on the implementation of the child benefit tax charge.

She did not go into great detail but the experience had apparently left her determined to chain herself to some railings – even if she had to go...

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