OTS publishes a progress report on its VAT review and makes a call for further evidence. Deadline for all submissions and requests for meetings should be made by 30 June 2017.
28 February 2017
Following the announcement at Autumn Statement that the Office of Tax Simplification (OTS) had been asked to carry out a review on the simplification of VAT, today we have published our interim report and call for evidence following the completion of the first phase of work.
The report contains a number of areas of complexity that have been identified during the initial phase and also lists a number of questions to be addressed during the next phase of work.
If, on reading the report you feel that you would like to contribute to the next stage of the review, OTS would welcome help in the following areas to develop ideas on how to create a sustainable VAT system for the future.