The TaxPayers’ Alliance has released astonishing footage of the world’s fastest speaker, Steve Woodmore, reading aloud from the books that contain the UK tax code.
It comes after the TPA released this research showing how the Tolley’s guides for individual taxes have grown over the last decade. Guides for Income Tax, Corporation Tax, Capital Gains Tax, and Inheritance Tax have all sharply increased in length, reflecting excessive tax legislation.
Matthew Sinclair, Director of the TaxPayers’ Alliance, said:
“The tax code in the UK is one of the longest and most complicated in the world. With one sticking plaster after another successive governments have produced a hideous mess. It would take even the world’s fastest reader days to get through the epic guides, so most people don’t know the rules they are supposed to comply with. While some companies have the scale and resources to comprehend such complex rules, small businesses will find it difficult to comply and risk suddenly discovering they are in breach of the law or missing out on valuable reliefs. At the same time it is harder and harder for people to know how they are really being taxed. We urgently need to simplify the system, to make it easier to understand and transparent.”