The Government has used the last day before Parliament breaks for the summer to publish nine consultations that amount to a radical shake-up of the tax system.

Government issues nine tax consultations in summer shake-up

The Government has used the last day before Parliament breaks for the summer to publish nine consultations that amount to a radical shake-up of the tax system.

Government issues nine tax consultations in summer shake-up

The Government has used the last day before Parliament breaks for the summer to publish nine consultations that amount to a radical shake-up of the tax system.

The Office of Tax Simplification The discussion paper, which have been dubbed by the "City's summer reading list", invite business views on the Treasury's plans to overhaul some of Britain's most controversial rules including the National Minimum Wage; the Controlled Foreign Company regime; Inheritance Tax and reform of the PAYE system.

The papers, which follow a raft of changes to the tax rules announced in the Emergency Budget in June, are part of the coalition's pledge to simplify the tax system.

David Gauke, the Exchequer Secretary who is in charge of tax reform, said: "We want to make the tax system simpler and work better for the taxpayer."

He added: "We are committed to a more considered and open approach to tax policymaking. That is why consultation and scrutiny of our tax policies will be the cornerstone of our tax policymaking process. I want to encourage relevant parties to provide their feedback on the tax consultations we have published today"

Business groups welcomed the announcements which follow the launch last week of the Office of Tax Simplification.

Chris Sanger, head of tax policy at Ernst & Young, said the drive towards affecting change was "encouraging" though he added: "The test will be whether this approach continues to be realised in the future."

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