Good news that millions will receive breakdown of how their tax is spent
Published at 08:22 AM on 03 November 2014
Commenting on news that from today HM Revenue and Customs (HMRC) will send Annual Tax Summaries to over 24 million people, Kevin Nicholson, head of tax at PwC, said:
"This is a really positive step. Rather than going into some nebulous pot, people can now see everything they help pay for. The research from our future of tax project shows people are more likely to accept taxes if they can see how they are spent. Some people may question the way the tax cake is sliced, but getting more people engaged in tax policy can only be a good thing. Better communication and education on tax mustn't stop here. "
For more information on PwC's Paying for Tomorrow project, see http://www.pwc.co.uk/issues/futuretax/index.jhtml
Contact: Laetitia Lynn, senior PR manager, PwC
0207 212 3761
07850 515835
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