Office Of Tax Simplification
Today, the OTS has published an online Survey and Call for Evidence to seek views about how the taxation of Property Income could be simplified.
The OTS wants to hear directly from individual landlords and small businesses as well as professional advisers and representative bodies about which aspects of property income taxation are particularly complex and hard to get right, and to hear any suggestions for improvements.
The survey will enable the OTS to hear directly from those with personal experience in this area. It is open now and will be available until 5 June 2022.
To take the online survey, please click here.
The Call for Evidence, which also runs to 5 June 2022, invites more detailed comments on the technical and practical operation of the tax system in relation to property income.
Alongside this the OTS will also be meeting as many interested parties as it can, online, to hear views directly during the full consultation period. If you would like to meet the OTS to discuss the review please get in touch with us by 3 May 2022.
Responses to the Call for Evidence can be sent to ots@ots.gov.uk.
The Scoping document for the review was published on 1 March 2022.
Notes for editors
The OTS is the independent adviser to government on tax simplification, challenging tax complexity to help all users of the tax system; it does not implement changes - these are a matter for government and for Parliament.
The OTS works to improve the experience of all who interact with the tax system. It aims to reduce the administrative burden - which is what people encounter in practice - as well as simplifying the rules. Simplification of the technical and administrative aspects of tax are each important, both to taxpayers and HMRC.
An index of all OTS publications is also available.
Press Enquiries only please contact Julie Gillespie, OTS Press Officer Phone 03000 585028.
