Adam Broke, a well-known tax practitioner, delivered the lecture on the subject of tax simplification.
He called for a the formation of a body to control and develop the process of reform - leaving the policy to the politicians.
'The complexity in the system is due to a number of factors. Firstly, there are now around a dozen principal taxes including income tax, corporation tax and inheritance tax, each tax with a distinct set of rules. It is no longer possible for a person to know everything about all taxes,'he said.
'There is also the problem of volume. Before the 1964 Finance Act, Acts averaged 74 pages. Since 1986 this has increased to 289 pages each year.'
He suggested: 'What is needed is a body with authority and independence to clean-up fiscal legislation. It would be a tax reform committee making recommendations for reform and simplification on the basis of fiscal neutrality, which could be enacted by Parliament.'
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