Tax will never be totally simple. Because life isn't totally simple. But we don't have to make things worse.
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🎉Tax-free overtime🎉
Sounds attractive: rewarding the strivers and the toilers.
But in real life, a potential recipe for manipulation, reams of resulting anti-avoidance legislation, and significant unfairness.
www.linkedin.com/posts/tax-fr...
www.linkedin.com
Tax-free overtime.
🎉 Sounds attractive: rewarding the strivers and the toilers. But in real life, likely a recipe for manipulation, reams of resulting anti-avoidance legislation, and significant unf...
This isn't party-political: last week we also saw the Chancellor announce "summer days out" VAT cuts that are an invitation to the kinds of definitional cases involving giant marshmallows that already clog up the Tax Tribunal, earning fees for specialist indirect tax lawyers.
