Tony Wickenden: Reading into the govt's OTS response
The Office of Tax Simplification’s reports have long last received recognition from the government, but what changes will this potentially lead to in reality?
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The Office of Tax Simplification’s reports have long last received recognition from the government, but what changes will this potentially lead to in reality?
The government has accepted five recommendations from the Office for Tax Simplification (OTS) on issues relating to capital gains tax (CGT) in a bid to “provide some practical simplifications for taxpayers”.
Breaking news headlines about GDPR linking to 1,000s of websites from around the world
Tax hacks: proposals to ditch the April 5 end date will cause chaos for taxpayers
New OTS report on Capital Gains Tax 'helpful for farmers' 26 May 2021 | The Office of Tax Simplification's (OTS) new report makes 14 detailed recommendations The latest Office of Tax Simplification report on Capital Gains Tax offers 'generally helpful and sensible' recommendations for farming businesses, accountants say. The new OTS report has extensive scope, covering situations including moving home, divorce, running and investing in a business, and issues affecting land transactions. It focuses on Capital Gains Tax (CGT) for individuals and smaller business, rather than partnerships, tru...