Hence, in conclusion, the government, businesses, accountants and lay people, all recognize the need to simplify the tax system. The conception and inauguration of the Office of Tax Simplification, which falls under the purview of Her Majesty’s Treasury is a positive step forward. So also is the idea of setting up Tax Policy Committee. These offices can make use of valuable suggestions from such economic thinkers as Ludovit Odor and Julain McCrae in devising a comprehensive simplification effort. One should also keep in mind that the labyrinthine complexities that are inherent in the present system will not be easy to reduce in a short span of time. Hence the officers in-charge of this effort need to show patience and perseverance, while professionals, businesses and common people should extend their cooperation and support.
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