The HM Revenue & Customs Tax Law Rewrite Project is to end next year after 13 years, the Treasury has announced. Launched in 1996, the project has aimed to rewrite direct tax legislation to make it clearer and easier for users to understand. Stephen Timms, financial secretary to the Treasury, said: 'The mainstream direct tax legislation is now far more accessible and easier to apply than the legislation that went before it and when the project's next two Bills are enacted, the time will be right to bring this work to an end.' Since its creation, the project has resulted in six pieces of legislation and tax regulations being rewritten. They are the Capital Allowances Act 2001, the Income Tax (Earnings and Pensions) Act 2003, the Income Tax (Trading and Other Income) Act 2005, the Income Tax Act 2007, the Corporation Tax Act 2009, and the PAYE Regulations. A high level steering committee, chaired by Lord Newton of Braintree, oversees the project. The second Corporation Tax Bill and the Taxation (International and Other Provisions) Bill are expected to be enacted in the spring of 2010.