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Concerns over £155bn non-structural tax relief assessment raised

Concerns have been raised that UK tax reliefs ran out of control during the 2018/19 period.

Concerns over £155bn non-structural tax relief assessment raised
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  • Shared by Accountancy Age
  • March 06, 2020
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A report published by the National Audit Office (NAO) suggests that non-structural tax reliefs – often referred to as tax expenditures – such as tax credits for companies’ research and development (R&D) costs and income tax relief on pension contributions are not monitored properly, neither is their full economic impact.

Read more at the Accountancy Age.

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