NewsBot
13-Jan-23, 12:11
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Five Terrible Tax Breaks Are Costing Taxpayers £4 Billion A Year
https://caithness-business.co.uk/image_cache/na18936_tn.jpg
Five poorly-justified tax reliefs, used by just 70,000 individuals, are costing other taxpayers £4 billion a year, according to new HMRC tax reliefs statistics published on Thursday 12 January 2023, and should be in the sights of the Chancellor as he approaches his Budget on 15 March, the Resolution Foundation says. The latest HMRC data shows that 105 of the country's non-structural tax reliefs cost £195 billion in the year 2020-21, up £30 billion (18 per cent) on the year before. [Read Full Article (https://caithness-business.co.uk/article/18936)]
Five Terrible Tax Breaks Are Costing Taxpayers £4 Billion A Year
https://caithness-business.co.uk/image_cache/na18936_tn.jpg
Five poorly-justified tax reliefs, used by just 70,000 individuals, are costing other taxpayers £4 billion a year, according to new HMRC tax reliefs statistics published on Thursday 12 January 2023, and should be in the sights of the Chancellor as he approaches his Budget on 15 March, the Resolution Foundation says. The latest HMRC data shows that 105 of the country's non-structural tax reliefs cost £195 billion in the year 2020-21, up £30 billion (18 per cent) on the year before. [Read Full Article (https://caithness-business.co.uk/article/18936)]