OTS business lifecycle review call for evidence and survey
Released 10 October 2018
The Office of Tax Simplification (OTS) has published an online survey and a call for evidence to seek views on tax as it impacts on business.
In this review, the OTS is interested in the everyday experience of business owners and managers as they engage with tax throughout the lifecycle, from start-up and registration, through calculating and paying tax, to business closure/transfer. The OTS wants to hear directly from businesses as well as professional advisers and representative bodies about which parts of the tax system are particularly complex and hard to get right, and to hear any suggestions for improvements. The review will focus mainly on smaller businesses, including self-employed individuals. It follows an earlier business lifecycle report on areas such as raising capital and disposing of a business. The consultation closes at 11:59pm on 7 December 2018. To take the online survey, which should take no more than 10 minutes, please click here. Responses to the call for evidence can be sent to firstname.lastname@example.org.
For more information, see OTS business lifecycle review call for evidence and survey.