Peter Cussons tax partner at PricewaterhouseCoopers LLP looks at the future of the tax law rewrite
UK primary tax legislation (excluding statutory instruments) now runs to well over 9 000 pages (even though the typeface is only now about point seven) of which approximately 2 000 pages (or 1 800 minus destination tables) is attributable to the three income tax law rewrite acts:
● the Income Tax Act 2007;
● the Income Tax (Trading and Other Income) Act 2005; and
● the Income Tax (Earnings and Pensions) Act 2003.
The tax law rewrite project is as a whole very welcome. Decades of income tax provisions from successive finance acts bolted onto previous...
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Peter Cussons tax partner at PricewaterhouseCoopers LLP looks at the future of the tax law rewrite
UK primary tax legislation (excluding statutory instruments) now runs to well over 9 000 pages (even though the typeface is only now about point seven) of which approximately 2 000 pages (or 1 800 minus destination tables) is attributable to the three income tax law rewrite acts:
● the Income Tax Act 2007;
● the Income Tax (Trading and Other Income) Act 2005; and
● the Income Tax (Earnings and Pensions) Act 2003.
The tax law rewrite project is as a whole very welcome. Decades of income tax provisions from successive finance acts bolted onto previous...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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