Select committee: Treasury Committee
Recommendation 26
Twelfth Report - Tax after coronavirus
Published 1 Mar 2021
Paragraph 181
Addressed to HM Treasury
Treasury Committee Tax after coronavirus All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗
Recommendation (the committee's words)
The Government should, following consultation, set out principles and objectives for the VAT system now that VAT is free from EU law. This should include a framework within which new reliefs can be assessed or existing ones withdrawn. The Government should ensure that the principles balance revenue raising, economic growth and other objectives, such as improving the quality of the environment and “levelling up”.
From: Treasury Committee, Twelfth Report - Tax after coronavirus (HC 664), paragraph 181, 1 March 2021
Government response
No government response linked yet: deadline 1 May 2021, 2010 days ago.