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Any party serious about improving economic growth and productivity should be making the administration of the tax system a key part of its general election platform says the Chartered Institute of Taxation.
Incoming institute president Charlotte Barbour has written to the main political parties identifying seven ‘pressing issues’ which CIOT believes should be a priority for the next government. These are:
- Resourcing HMRC to provide the level of service taxpayers need.
- Review tax digitalisation to focus it on the needs of taxpayers.
- Commit to meaningful simplification of the tax system.
- Get research and development tax credits working properly.
- Effective but proportionate action to tackle rogue tax agents.
- Greater transparency and accountability over policy costings.
- Adherence to sound tax policy making principles.
Ms Barbour said: ‘Tax is always central to political debate and party manifestos during an election campaign. But too often this is limited to arguments about which groups should pay a bit more...
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