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Tax Yields

Volume 475: debated on Monday 12 May 2008

To ask the Chancellor of the Exchequer what estimate he has made of the change in levels of revenue which would accrue if all non-personal tax relief was allowed at the standard rate only. (205163)

Estimates of the revenue impact of changing the rates at which all non-personal tax reliefs are allowed under the relevant tax regimes to the standard rate of income tax are not available. Latest estimated costs of tax expenditures and structural reliefs are published on the HMRC website at:

http://www.hmrc.gov.uk/stats/tax_expenditures/menu.htm