The Office of Tax Simplification has criticised the number of forms required to deal with Inheritance Tax, calling the process “complex and old fashioned.”

The Office of Tax Simplification is calling for radical simplification of VAT including a move to bring nearly all businesses inside the VAT system.

Anthony Browne has been appointed as the new chairman of the British Bankers’ Association, replacing Angela Knight. Read more...

Angela Knight is to leave her role as the chief executive of the British Bankers’ Association.