Office of Tax Simplification OTS
The Office of Tax Simplification (OTS) is an independent adviser to the Government. The OTS was first established in July 2010 and became a permanent independent office of HM Treasury in July 2015. As part of the Finance Act 2016, it came into full effect through Statutory Instrument 2016/113.
The purpose of the OTS is to offer recommendations and advice to the Chancellor about how to make the UK tax system simpler for individuals and smaller businesses. This information is provided to the Chancellor by request, but it can also be offered if and when the OTS feels it is suitable.
The OTS also prepares and publishes a report on the performance of its functions in each financial year.
Ref https://www.gov.uk/government/organisations/office-of-tax-simplification/about
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
Biodiversity net gain with related updates and terms
Only 0.5% of applications subject to BNG in the context significant proposed changes to planning.
As political power has shifted from blue to red
Has planning now moved from brown to green?
The role of construction in tackling the biodiversity crisis
New CIOB Nature of Building digital series available now.
The Nature Towns and Cities initiative
Grants of up to 1 million for local councils and partners.
The continued ISG fall out October updates
Where to look for answers to frequently asked questions.
Building safety remediation programme for Wales
With 2024 October progress updates.
In major support package for small businesses.
Conservation and transformation
Reading Ruskin’s cultural heritage. Book review.
Renovating Union Chain Bridge.
AI tools for planning, design, construction and management
A long, continually expanding list, any more to add?
Robots in the construction industry
From cultural characterisations to construction sites.
Empowering construction with AI integration
New horizons with a human touch.
Key AI related terms to be aware of
With explanations from the UK government.
A Better Hiring Toolkit for construction
Tooling up to hire under best practice standards in the sector.
Recharging Electrical Skills in Wales
Step by step collaborative solutions.