MPs inquire into tax after coronavirus

The House of Commons Treasury committee is launching an inquiry ‘Tax after coronavirus’.

It aims to look at the major long-term pressures on the UK tax system what more the UK can do to protect its tax base from globalisation and technological change and whether such pressures should be met with tax reform.

The committee will also seek evidence on what overall level of taxation the economy can bear the role of tax reliefs in rebuilding the economy and whether there is a role for windfall taxes in the post-coronavirus world.

Mel Stride Chair of the Treasury Committee said: ‘Tax will play a major role in the years ahead in restoring the public finances and ensuring that we have a recovery which is balanced across the UK and fair to all. So the Treasury Committee has launched this inquiry...