Threads / Inheritance Tax Reliefs Reform / HMRC collects and reports data on who benefits from some ta…
Written Evidence Published 20 Jul 2020 ↗ View on Parliament

HMRC collects and reports data on who benefits from some tax reliefs. For example, HMRC reports annually on the number of people gaining from entrepreneurs’ relief 13 Written Evidence MTE0002 – Mr Richard Wild, Chartered Institute of Taxation, published 10 June 2020 14 C&AG’s report, paras 3.4 and 3.5 15 Qq 40, 63 C&AG’s report, para 3.3, footnote 39 16 Q 41; Letter from Jim Harra, Chief Executive and First Permanent Secretary, HMRC, 26th June 2020 17 Q 63 18 Qq 32, 47; Written Evidence MTE00...

HMRC collects and reports data on who benefits from some tax reliefs. For example, HMRC reports annually on the number of people gaining from entrepreneurs’ relief 13 Written Evidence MTE0002 – Mr Richard Wild, Chartered Institute of Taxation, published 10 June 2020 14 C&AG’s report, paras 3.4 and 3.5 15 Qq 40, 63 C&AG’s report, para 3.3, footnote 39 16 Q 41; Letter from Jim Harra, Chief Executive and First Permanent Secretary, HMRC, 26th June 2020 17 Q 63 18 Qq 32, 47; Written Evidence MTE0003 – Management of tax reliefs, Ruari Grant (Senior Public Affairs Associate, Standard life Aberdeen), and C&AG’s Report, para 9 and Figure 3 19 Qq 33, 4 Type: conclusion | Number: 12 | Response status: not_addressed Government response: 2.1 The Government agrees with the Committee’s recommendation. Target implementation date: December 2021 2.2 HMRC recognises the importance of publishing more information to aid understanding of the use of tax reliefs. HMRC already publishes statistics about grou