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Taxpayers invited to contribute to small business tax review

The Office of Tax Simplification wants to know about the everyday experience of smaller businesses, including the self-employed, and especially those who “struggle with tax”.

In a consultation that closes on December 7, the OTS invites responses to an online survey as well as a more detailed call for evidence. “The inherent complexity and challenges faced by smaller businesses in their everyday affairs means that some find tax and other regulatory requirements difficult to manage,” it said.

The OTS wants to hear from businesses and their advisers about which parts of the system are most complex and “hard to get right”, and invites suggestions for improvement.