HM Treasury Review of the Office of Tax Simplification (OTS)
As required by Finance Act 2016, HM Treasury will conduct a review of the effectiveness of the Office of Tax Simplification in its role as independent adviser to the Chancellor on simplifying the tax system.
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This document contains a ministerial foreword from the Financial Secretary of the Treasury and the terms of reference for the 2021 HM Treasury Review of the Office of Tax Simplification (OTS).
The review will examine the effectiveness of the OTS in providing advice and recommendations on simplifying the tax system.