The Office of Tax Simplification (OTS) published its 2017-18 annual report on 23 July 2017.
The OTS's work programme includes:
- the ongoing review of inheritance tax, on which it intends to report in Autumn 2018;
- a project on HMRC guidance, also to report in Autumn 2018;
- further work to develop and expand on key areas highlighted in the business lifecycle review;
- personal tax issues; and
- ongoing consideration of the role and impact of technological changes.