Simpler Income Tax Concerns - CIOT comments
The CIOT comments, sent to David Gauke MP, Exchequer Secretary to the Treasury on 5 July 2012, as a follow up submission regarding concerns about the proposals in the recent consultation on introducing a cash basis for small businesses subject to income tax. Our original submission and consultation document are also attached.
Also attached, as an appendix, is our original submission on 'Simpler Income Tax for the Simplest Small Businesses'. This submission, along with the Consultation document can be found at:
Our submissions are available in Adobe (pdf) format.
5 July 2012