Tax Allowances
2026-05-31 · Treasury · 5712 · Official question
Question
To ask the Chancellor of the Exchequer, whether she plans to audit and evaluate the cost and impact of all existing tax reliefs.
Answer
Tax reliefs are an important feature of the UK tax system. Structural reliefs ensure tax policy functions as intended, and non-structural reliefs are designed to incentivise specific activities. Many tax reliefs help to make sure that the tax system opera...