I've always thought that tax was overly complicated. I am a qualified accountant and even I struggle to do my own tax return! Don't panic I am a financial accountant and not a tax accountant, and Grant Thornton does not let me advise clients on tax!
I'm thrilled to hear that Grant Thornton have come up with proposals to simplify the tax regime.
Grant Thornton UK LLP suggests that a fundamental review of the more than 1,100 current tax reliefs could have a net positive impact on the public purse and economic growth.