OTS Calls for Review of PAYE System

OTS Calls for Review of PAYE System

In a new report, the Office of Tax Simplification (OTS) has called for the Pay as You Earn (PAYE) system to be reviewed, to ensure tax agents can ‘see relevant client information’ and ‘access a number of key services’. The report suggested that...
AAT States Inheritance Tax Is ‘Unnecessarily Complicated’

AAT States Inheritance Tax Is ‘Unnecessarily Complicated’

The Association of Accounting Technicians (AAT) has stated that inheritance tax (IHT) is ‘unnecessarily complicated’ and ‘widely misunderstood’. Responding to a review of the tax by the Office of Tax Simplification (OTS), the AAT said that several IHT exemptions...