ACCA calls for Government to ‘Think small first’
The newly established Office of Tax Simplification will provide welcome respite for the financially challenged contingent of SMEs across the UK, says ACCA (the Association of Chartered Certified Accountants). However, the key is as much consistency as it is policy. Chas Roy-Chowdhury, ACCA Head of Taxation, said, “In recent years, the UK tax policy has changed as often as the people in charge of it. We applaud the Treasury’s decision to establish the Office of Tax Simplification, but to make this initiative truly of benefit to businesses of all sizes, it is vital that the work of the Office remains politically independent and that its recommendations do not fall by the wayside as the Coalition Government shifts its focus to other areas of the UK economic recovery.” Roy-Chowdhury also belie... »
