UK: Cutting red tape is one of the most important concerns for businesses, large and small, so the creation of an office which will simplify the tax system is to be welcomed say local business leaders.

Katie Teasdale, head of policy at Birmingham Chamber Group said: “The Government is consistently announcing cutting the burden of legislation but in the past, nothing has materialised. So the creation of the Office for Tax Simplification is long overdue and we are now looking for real results.

“The business community and the economy will benefit from the recently announced lower rates of tax and now from the drive towards a simpler system. Red tape stifles growth and wealth creation, the last thing needed if we are to secure a sustainable economic recovery.”

Source: http://www.birmingham-chamber.com/Influencing-Government/Latest-News/Press-Release.aspx