Simplify our tax system, please!

CGA Canada's remarks to House of Commons Standing Committee on Finance on its Pre-budget Consultations 2011

Key recommendation:

Seek advice from subject matter experts – consider appointing a panel of independent experts to review Canada’s tax system and ensure the House of Commons Standing Committee on Finance is involved in the process.

Why?  We have rules for vehicles that are different for individuals, partners, corporations and their employees, and trusts.  We have different rules for home office, for capital cost allowance, for GST/HST depending on who you are.  CRA provides us with these different rules under those types of persons, never providing the whole picture all in one place.  Why?  We'd collectively freak.  My TaxLinks subscription pulls these links together and tries to make sense of vehicles, home office, personal service business (they don't even tell you about this one) and a myriad of other tax topics that are so complex, the experts just groan and charge between $150 and $650 an hour to interpret the rules.

This has to stop.


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