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  - WN.COM - Business - 07/Sep 00:15

Our archaic tax system invites fraud and punishes innocent mistakes

Paying the wrong amount of stamp duty has cost Angela Rayner her job. The debacle highlights one thing: our tax system is incredibly complicated and unless your affairs are extremely straightforward, you could get caught out. Taxes have been around for thousands of years. We had them on wool, wine and windows, but it took until 1799 for Britain to have a tax on income, when one was introduced by the prime minister William Pitt the Younger. Since then we’ve seen tax after tax added. There are now more than 100 taxes in the UK and each comes with pages of rules and regulations. These taxes are being...

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