As the sun rises on a new decade, let's try to achieve real tax simplification during the next 10 years. Here are a few ideas to help make tax understandable for the public:
Your accounts need exercising as much as you do.
This starts with putting in quality figures fit for purpose. And ends with the ability to work the figures so they demonstrate and clarify things for you, helping you make better decisions.
With 'One Month Until Christmas' trending on Twitter at the same time as 'Spending Review' the link is obvious.
However, it's true that a few feared changes didn't occur, such as Working Tax Credits and Freelancer/Consultant Tax increases known as IR35.
It seems to be good news all round from the Chancellor, but the economy isn't yet strong enough for a lot of sugary giveaways, apart from the continued increase to the income tax free personal allowance.
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