The Office of Tax Simplification (OTS) has published a report Taxation and life events - simplifying tax for individuals which examines a range of complexities that can affect people’s experience of engaging with the tax system at key points in their lives.
The report makes 15 recommendations on how complex tax issues relating to life events might be tackled.
The life events considered include:
The recommendations cover areas such as:
The recommendations all appear very sensible; some refer to a need for improved guidance but other improvements can only be achieved by fairly significant investment in HMRC’s processes and systems.