OFFICE OF TAX SIMPLIFICATION

Sir Nicholas Soames: To ask Mr Chancellor of the Exchequer, what additional responsibilities he intends to give to the Office for Tax Simplification; and if he will make a statement.

Mr David Gauke, Financial Secretary to the Treasury: I refer the Rt. Hon member to the Written Ministerial Statement on the Office of Tax Simplification published on 21 July 2015.

 

Office of Tax Simplification
 
The Financial Secretary to the Treasury (Mr David Gauke): The Office of Tax Simplification (OTS) has been established today on a permanent basis as an independent Office of the Treasury.
 
The OTS was established as a temporary Office of the Treasury in 2010 to advise the Chancellor on options for addressing existing complexity in the tax system. It will be established on a statutory basis in Finance Bill 2016, as announced at summer Budget 2015.
 
A new framework document setting out the structure within which the OTS will operate has been published on the OTS website today, alongside terms of reference for two upcoming reviews.
 
[HCWS166]
 
 
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