Funny What Folks Get Nostalgic For
Modern tax laws lack old-fashioned charmBy Vanessa Houlder in FT March 3 2006
The volume of income tax legislation has expanded five-fold as a result of a painstaking effort to rewrite its Byzantine terminology in plain English.
The rewritten legislation, now spread over five volumes, is much easier to use and understand, according to a survey of tax professionals by Mori for Revenue & Customs.
But the survey uncovered pockets of resistance from experts who missed the “charm” of the old jargon, a lot of which dated back to 19th century legislation. A Customs official told Mori: “When . . . [more]
