The problem with the UK tax code is its size.

In this video Chris Thompson discusses with Tom Biggs how the UK tax book is now 21,000 pages long, standing at about 11 million words.

No one person can have true, comprehensive knowledge of it because the tax code amounts to more than most people read in their entire lifetime!

In many ways the tax system was designed and created in a bygone analogue age.

For some time the Treasury have been trying to adapt to the digital era by continually adding legislation over the years.

It's no wonder people have so much trouble completing their annual tax return, and hardly surprising that they're likely to make errors when filing it.

Will Chancellor Rishi Sunak reform the tax system?

There were no signs of this in the Budget 2021.

свернуть