Cut to The Chase?

The government has pledged to take a chainsaw to the tax system, but this won’t be easy. Nick Huber reports

Accountants are leading reviews into simplifying the tax system and improving the drafting of tax laws, but progress is likely to be slow and dependent on political backing, according to tax insiders.

Plans to simplify the ‘spaghetti bowl’ of Britain’s tax system will take years or even decades, to fully unravel.