Pictured above: Katie Teasdale
Cutting red tape is one of the most important concerns for
businesses, large and small, so the creation of an office which
will simplify the tax system is to be welcomed say local business
leaders.
Katie Teasdale, head of policy at Birmingham Chamber Group said:
"The Government is consistently announcing cutting the burden of
legislation but in the past, nothing has materialised. So the
creation of the Office for Tax Simplification is long overdue and
we are now looking for real results.
"The business community and the economy will benefit from the
recently announced lower rates of tax and now from the drive
towards a simpler system. Red tape stifles growth and wealth
creation, the last thing needed if we are to secure a sustainable
economic recovery."