Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Feedback

14 July 2004 / Howard Flight , Andrew Flint , Max Mcmurdo , John Tallon
Issue: 3966 / Categories: Forum & Feedback

Feedback

Taxation readers comment on topical issues.

Is Anyone Out There Listening?

I write in support of John Tallon's article published in Taxation on 24 June 2004 .

He rightly cites Adam Smith's four maxims about taxation, which remain as true today as when they were written and from which this Government is departing, particularly with arbitrary tax changes and excessive complexity increasing the cost of administration and collection.

Feedback

Taxation readers comment on topical issues.

Is Anyone Out There Listening?

I write in support of John Tallon's article published in Taxation on 24 June 2004 .

He rightly cites Adam Smith's four maxims about taxation which remain as true today as when they were written and from which this Government is departing particularly with arbitrary tax changes and excessive complexity increasing the cost of administration and collection.

John Tallon rightly criticises in particular the measures in the Finance Bill in relation to pre-owned assets and the reporting of avoidance schemes. The Conservative Opposition has tabled and argued amendments in the committee stage of the Finance Bill and for report raising both objections of principle and specific criticisms.

The Labour Government has presented the pre-owned assets legislation as an attack on aggressive inheritance tax...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

back to top icon