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Browne: Brexit is an opportune moment to simplify tax code

As government publishes papers outlining what would happen to VAT and financial services in the event of a no deal Brexit, Andrew Browne, head of tax at Bishop Fleming, sees Brexit as an opportunity for simplifying complex tax code

It is time for the government to make the UK more tax friendly with a post-Brexit roadmap that simplifies the personal tax system so that it can be understood by individuals and even computers.

A recent report from the Office of Tax Simplification (OTS) highlights the very real problems with the current system: it is just far too complex.

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