ICAS urges UK government to improve tax administration
n its report, Tomorrow’s Tax Administration, the Institute of Chartered Accountants of Scotland (ICAS) has highlighted 10 priorities to improving tax administration which it believes the UK government needs to act urgently on.
ICAS director of taxation Charlotte Barbour said: Good tax administration is essential, even though it may not feature at the top of many political wish lists. It has a role to play in fulfilling the UK government’s ambition for an open, business-friendly economy post-Brexit. If society as a whole does not trust the tax system because it does not function properly, voluntary compliance is undermined and the consequences for government revenues are serious.
“The government needs tax administration to work effectively to deliver the money it needs to pay for Covid recovery and fund ambitious initiatives around tackling climate change and levelling up.”
The full report ia available here.
Joe Pickard 30 June 2021