REC Joins OTS Small Business Committee
The Head of Policy at the Recruitment and Employment Confederation (REC), Gillian Econopouly, said that “We welcome the work of the OTS and are pleased to join the business committee. We look forward to representing our members’ views in this important forum. The OTS’ work comes at a critical time for the economy and the recruitment industry, and we will use this opportunity to promote a tax system that is more navigable and transparent for businesses, and especially SMEs.
Recently the Office of Tax Simplification said that it was on track to deliver its initial report to the Government in time for the 2011 Budget. The body, an office of the HM Treasury, recently completed a series of events around the United Kingdom which looked at the problems everyday businesses and individuals face. The road-show included meetings with professional contractors affected by the IR35 legislation (reportedly a top priority for the office).
At the time John Whiting, the Tax Director for the Office of Tax Simplification, said that \”I am delighted that these events were so well received and stimulated such valuable debate amongst those attending. That is exactly what we hoped for as we seek input to help us simplify Britain\’s tax code as openly as possible. Some points we had already identified, but others provided real food for thought – it\’s important we consider all ways to making taxation for small businesses in particular a little easier. I would like to thank all those who attended, and would like to remind anyone that couldn\’t make it, or anyone who has further ideas that we continue to welcome views on making small business taxation simpler for all.”
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