Tax expenditures cost the UK £155 billion a year – and in many cases no one knows what benefit we get

I think it worth sharing the following press release from the National Audit Office, issued this morning: Today the National Audit Office (NAO) publishes a report on tax expenditures. Tax expenditures are tax reliefs with social or economic objectives. Government uses tax expenditures to encourage a range of activities, such as saving for pensions, to […]

source https://thebtrader.com/2020/02/14/tax-expenditures-cost-the-uk-155-billion-a-year-and-in-many-cases-no-one-knows-what-benefit-we-get/?utm_source=rss&utm_medium=rss&utm_campaign=tax-expenditures-cost-the-uk-155-billion-a-year-and-in-many-cases-no-one-knows-what-benefit-we-get