Tax Simplification in the UK
Clients deserve a fairer deal than the current UK tax tangle, which has been promising simplification for decades.
The UK's tax system is a complex issue, with
advisers can't champion fairness for clients when the rules themselves feel unfair.
Financial services professionals are tired of being
translators of chaos, and the system discourages savers with red tape and contradictory incentives.
There are tax incentives and disincentives for investing, leaving individuals unsure of how to proceed without incurring penalties.
Author's summary: UK tax system needs simplification.