Correspondence

Correspondence between the Chancellor, Financial Secretary to the Treasury and the Office of Tax Simplification regarding recent OTS publications

These letters detail the government’s response to the Office of Tax Simplification’s recent publications, including on the alignment of income tax and National Insurance contributions and set out the government’s requests for new work.

• From: HM Treasury, Office of Tax Simplification, Jane Ellison and The Rt Hon Philip Hammond
• Published: 23 November 2016

This was published under the 2016 to 2019 May Conservative government

Documents

Letter from the Chancellor to the OTS

PDF, 291 KB, 2 pages

Letter from the Financial Secretary to the Treasury to the OTS

PDF, 168 KB, 3 pages

Details

The Chancellor of the Exchequer has written to the Office of Tax Simplification (OTS) responding to their recommendations on the alignment of income tax and National Insurance contributions which were made in their reports published in March and November 2016.

This letter thanks the OTS for their work in this space and details the recommendations which the Chancellor has decided to take forward.

Jane Ellison MP, the Financial Secretary to HM Treasury, has also written to the OTS to respond to their other reviews published this autumn.

This letter includes responses to the two small business taxation follow-up reviews that the OTS has carried out on lookthrough taxation and a new business model for the self-employed. The letter also proposes two new areas of work for the OTS, on aspects of VAT and on how Stamp Duty is applied with regards to share transactions.

Published 23 November 2016