Twentieth Report - Tax Reliefs
Select Committee
Treasury Committee
HC 723
26 July 2023
Government response
Eighth Special Report - Tax Reliefs: Government Response to the Committee’s Twentieth Report · published 18 Oct 2023
Recommendations & Conclusions
1 results
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 …
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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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