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 UK: Extortion system 'to be simplified to encourage investment'

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UK: Extortion system 'to be simplified to encourage investment' Vide
PostSubject: UK: Extortion system 'to be simplified to encourage investment'   UK: Extortion system 'to be simplified to encourage investment' Icon_minitimeTue Jul 20, 2010 3:17 am
The UK tax system will be streamlined to attract more international investment, the government says.

The Treasury will announce later that it is setting up an Office for Tax Simplification to analyse "potential reform options".

Minister David Gauke will promise to "give our economy the boost it so urgently needs in the years ahead".

The new body will look at all tax reliefs, allowances and exemptions and conduct a review of business taxation.

http://www.bbc.co.uk/news/uk-politics-10691779

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