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IFA urges OTS reforms to support government on simplifying tax

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HM Treasury published its Call for Evidence: Review of the Office of Tax Simplification (OTS) in May, inviting stakeholders to submit feedback on its role as the Chancellor’s independent adviser on making the tax system simpler for taxpayers, as part of its first five-year review of the OTS. To enhance the effectiveness of the OTS, the Institute of Financial Accountants (IFA) has pushed for reforms to give it a more prominent role, reports its Director of Professional Standards, Anne Davis.

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