Your browser (Internet Explorer 7 or lower) is out of date. It has known security flaws and may not display all features of this and other websites. Learn how to update your browser.

X

NAO to scrutinise tax reliefs after critical report

Accountancy Age

HM REVENUE & CUSTOMS must do more to monitor the impact of tax reliefs, with little currently known about effectiveness or unintended consequences, the National Audit Office said in a report. The report identified more than 1,000 reliefs currently in place, and estimates the cost to the public purse stands at more than £101bn. Some reliefs are designed to deliver specific policy objectives by providing behavioural incentives to achieve economic and…

Read more here: Accountancy Age

Leave a Reply