Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Efficiency of business tax reliefs

02 May 2018 / Allison Plager
Issue: 4645 / Categories: Comment & Analysis
istock-938548544_fmt

One man's relief...

KEY POINTS

  • Targeted tax reliefs such as that for research and development are effective.
  • Taxpayers’ response to specific reliefs is not always anticipated by government.
  • Tax reliefs are scrutinised much less than public spending.
  • The UK needs to adapt because of Brexit.
CIOT and IFS debate on the nature of business tax reliefs.

Do business tax reliefs constitute corporate welfare or are they essential elements of the tax system? This was the topic of a debate hosted by the Chartered Institute of Taxation and the Institute for Fiscal Studies (IFS).

The panellists were Kevin Farnsworth reader in social policy at the University of York; Annie Gascoyne head of economic policy at the Confederation of...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

FIVE WAYS TO MAKE ACCOUNTS PRODUCTION AND TAX EASIER.
Download the exclusive Xero
free report here.

New queries
Please email any questions you might have
to: taxation@lexisnexis.co.uk.

back to top icon