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Tax experts fear, however, that simplification can strike persons who rely on these reliefs in shaping their investment strategy, or even their household usual budgeting. "There are more than 1,000 tax reliefs here, and everyone has someone champion," said Stephen Herring, BDO, who believes that franchise tax of 100 will go to exercise to be useful tax partner.

Richard Mannion, tax expert at Smith & Williamson, agreed that there is little that can be removed without hurting someone. ""It looks like easier in the world, but when you go really inside, it is not an easy task," he said.

Simplification of the tax office to decide what to keep and to eliminate patterns based on whether they are complex and costly, inefficient, and whether the reasoning of the relief policy applies always.

Mr. herring warned some commonly used reliefs can be a coarse these criteria fall and he suggested that the parties take action today: "I would not expect to apply retroactively, but those who are considering investments in things which now attract tax relief may want to consider making sooner than later."

George Osborne is also likely to use review to increase the amount of tax it delivers higher support, many people is likely to fall foul of changements.Ici is guide for some more useful for the ordinary taxpayers with reason why experts fear that they could be abolished tax reliefs. The simplification of the Tax Office takes presentations now stakeholders, therefore if it is you, it is time to act.

You can contact the Office by e-mail at ots-reliefs@ots.gsi.gov.uk, tax while the Bureau does not promise a response to each applicant.

Air Passenger service - exemption for the poor

As of this month, air passengers are being bitten by a huge increase in air passenger duty payable by all those flying from Britain. However, infants under two travelling without a seat does not currently pay tax.Change that would add an extra ￡ 60-￡ 85 to invoice holiday for those who fly with their children, but Mr. herring said that it is unlikely that establish the tax officials if they want to change.

Risk Enterprise investment regimes and capital trusts

These two forms of investment offer reliefs are investments which could attract not otherwise intérêt.Les venture capital trusts invest in start-up companies and offer tax breaks to 30pc on investments of up to ￡ 200,000 it is not tax on capital gains or dividends, well you must hold the shares for five years.

Investment business (EIS) support small businesses and attract tax relief for 20pc on up to ￡ 500,000 if occupied during three ans.Il has no tax to pay on capital gains and capital losses can be offset against other gains.Aussi, the actions of the environmental impact are exempt tax inheritance held once in two years.

However, tax experts fear this may change because the regime encourages people to take on higher risk investments, something is not want to encourage.

?If you intend to invest in a trademark shall or certain CTV that you make in this tax year?, informed Mr. herring."If I were a supplier shall or CTV, I would be concerned by these changes."

Mike Warburton, Director of tax at Grant Thornton, said that it would be keen to preserve these reliefs, including the cost of the chessboard 80 m ￡ for trusts of venture capital and 180 m ￡ for the study of environmental impact.

Rent a room rescue

Rent-the-room government compensation allows people to earn ￡ 4,250 per year lease with a spare part without paying any tax on such income.While the benefits of this are evident in these straitened times, especially with the current pressure on housing, Mr. herring questioned whether recipients has really need relief, which is very complex and creates lots of administration - one reason given by the Office for implementing disposal measures .the ' available relief is not raised for many years, which means as income for many people a room rental exceeds the tax-free amount.

Union subscriptions and professional subscriptions

These two types of subscription are subject to tax relief .the ' Professional subscription may be at increased risk, considering that it tends to apply higher earners and lists should be maintained in the relevant subscriptions. ""This is a very complicated relief," said Mr. herring.

National savings tax reliefs

Government Savings Bank, NS & attracts a variety of tax reliefs that with some say makes it able to unfairly compete with other savings plans (not to mention the banks that are now partially owned by the State) .the bas-reliefs include exemption from stamp duty and an exemption particularly arcane of the first ￡ 70 interest to an account is no longer available.

Interest on savings certificates certified is exempt from tax on the revenu.M.Mannion stated that the exemption for ordinary savings account is offered only seemed easy to cut, relief but added that in the other cases of interest rates on NS & I products must increase if they were to continue to be interesting if the relief were removed.

VAT on children's clothing

Children clothing and food are exempt from tax in the UK, said Mr. Mannion brings us in line with the rest of Europe this relief .Coupe seems like another tax on beleaguered families.

What all these things have in common? they are all attract tax relief

Angostura Bitters - exempt from excise duty

Black beer (a fermented beverage made go malt and molasses)-exempt from excise duty

Minors - do not have to pay tax on coal and fuel without smoke (or equivalent allowance) provided by the coal

Apsley House and the estate of Chevening - residence part-time 8th Duke of Wellington and the official residence of the Minister for Foreign Affairs (currently shared by Nick Clegg and William Hague) are exempt from inheritance

Divers and diving - supervisors they are exempt from the class four insurance contributions

Pet Cemeteries - if you sell equipment "including the remains of domesticated animals" is not a taxable transfer

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