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Cartered Istitute of Taxation calls for simpler tax system

The Chartered Institute of Taxation is calling on Chancellor of the Exchequer Gordon Brown to simplify the tax rules for pensioners in his next Budget.


The Low Incomes Tax Reform Group, a sub-committee of the CIT, believes the Chancellor is sympathetic to their demands.


These include the issuing of tax exemption certificates to the poorest pensioners taking them out of the tax system completely and the announcement of details of personal allowances before Christmas next year to prevent overpayment.


Group chairman John Andrews says: &#34The political pressure has been building to do something for pensioners and we believe the time is right for a reforming Chancellor to make some bold moves.&#34

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