First session of Tax Reliefs inquiry held by MPs
The Committee’s inquiry is examining the reliefs available to individuals and businesses while exploring whether the benefits to the UK economy achieved by the system justify the cost to the UK Exchequer in foregone tax revenue.
Meeting details
At 3:15pm: Oral evidence
Inquiry
Tax Reliefs
Head of Taxation Policy at Institute of Chartered Accountants in England and Wales
Acting Director at TaxWatch
Head of Teaching and Learning in Accounting Department at University of Southampton
CEO at UK Interactive Entertainment
In the inquiry’s opening session, MPs will hear from experts on the principles of tax reliefs, with likely topics including whether the system offers good value for money, to what extent it is susceptible to abuse, and how to improve it.
The session will also use Video Game Tax Relief and Research & Development Tax Relief as case studies to explore how tax reliefs can impact industry in the UK and the wider economy.