John Redwood: bigger tax rule book but lower revenue

Name: John Redwood: bigger tax rule book but lower revenue
Uploaded: 2013-02-01T12:47:59.000Z
Duration: 2 min 48 s
Description: Clever and rich people have been able to find ways around tax rules, which has led to a bigger tax rule book and more accountants but less revenue, says John Redwood.

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Clever and rich people have been able to find ways around tax rules, which has led to a bigger tax rule book and more accountants but less revenue, says John Redwood.

The UK guide to tax regulations came in at 5,952 pages in 2001, grew to 9,866 under Labour in 2007, and has been beefed up to 17,795 pages under the coalition.

The Conservative MP told Andrew Neil about why he thought the "depressing" extra tax rules had proved counterproductive, as he called for "lower rates and fewer breaks".

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UK Politics

1 February 2013