Twelfth Report: Management of tax reliefs

Select Committee
Public Accounts Committee HC 379 20 July 2020
Report Status Government responded
Conclusions & Recommendations 30 items (14 recs)
Source View on Parliament website
Government Response (AI assessment · 29 of 30 classified)
Accepted 18
Accepted in Part 5
Acknowledged 2
Not Addressed 2
Rejected 2
Government response
Treasury minutes: Government response to the Committee of Public Accounts on the Twelfth report from Session 2019-21 · published 25 Mar 2021
Read the government response ↗ Response on the tracker
Clear

Recommendations & Conclusions

2 results
1 Conclusion Acknowledged
On the basis of a report by the Comptroller and Auditor General, we took evidence...
Conclusion
On the basis of a report by the Comptroller and Auditor General, we took evidence from HM Treasury and HM Revenue & Customs (HMRC).1
Government Response Summary
The government acknowledges the committee's introductory statement about taking evidence from HM Treasury and HMRC based on a National Audit Office report.
HM Treasury
View Details
27 Conclusion Acknowledged
In 2015, HMRC published a qualitative evaluation of entrepreneurs’ relief but it only interviewed 17...
Conclusion
In 2015, HMRC published a qualitative evaluation of entrepreneurs’ relief but it only interviewed 17 claimants as part of the evaluation.52 In 2017, HMRC published a larger quantitative evaluation of entrepreneurs’ relief which included interviews with 625 claimants. The 2017 … Read more
Government Response Summary
HMRC recognizes the importance of publishing more information to aid understanding of tax reliefs and states it already publishes statistics on various reliefs. It notes that evidence from its statistics and a 2017 evaluation of Entrepreneurs’ Relief informed changes in the 2018 and 2020 Budgets.
HM Treasury
View Details