Source · Select Committees · Treasury Committee

Twentieth Report - Tax Reliefs

Treasury Committee HC 723 Published 26 July 2023

Report Status

Government responded

Conclusions & Recommendations

10 items (6 recs)

Source

View on Parliament website ↗

Government Response

AI assessment · 10 of 10 classified

Accepted 2

Acknowledged 1

Rejected 7

Government response

Eighth Special Report - Tax Reliefs: Government Response to the Committee’s Twentieth Report · published 18 Oct 2023

Read the government response ↗ Response on the Index

Recommendations & Conclusions

1 item

3 Conclusion Acknowledged

Para 25

Lack of adequate data and scrutiny for tax reliefs hinders policymaking and accountability.

Conclusion

Tax reliefs account for considerable reduction in tax revenue. They require adequate data to be collected and published to inform proper policymaking or accountability. However, the evidence shows that this is not happening. The disparity between scrutiny of tax reliefs … Read more

Government Response Summary

The government agrees on the importance of collecting and publishing data on tax reliefs, stating that HMRC already provides extensive costings and evaluations. It commits to expanding these where possible, while also explaining limitations regarding structural reliefs and taxpayer burdens.

HM Treasury

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