Govt rebuffs Treasury Committee call for major tax relief review

Wide-ranging review not ‘effective use of limited resources’

Jenna Brown
clock • 1 min read

The government has ruled out a wide-ranging review of current tax reliefs as recommended by MPs on the Treasury Committee.

The committee, chaired by Harriett Baldwin, proposed a full review of UK tax reliefs in a bid to uncover potential ways to simplify the system. However, the government's response from financial secretary to the Treasury Victoria Atkins ruled out any such review, saying the government was monitoring the situation. She said: "Whilst agreeing with the committee's intentions, I am of the view that this ongoing activity already delivers the majority of the committee's desired outcomes and that going further in the manner suggested would not always be the best use of resource and also have ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

Advisers urged to review legacy files after Court of Appeal IHT ruling

Advisers urged to review legacy files after Court of Appeal IHT ruling

HMRC is considering its next steps

Isabel Baxter
clock 28 July 2026 • 4 min read
Burnham U-turns on income tax allowance increase suggestion – reports

Burnham U-turns on income tax allowance increase suggestion – reports

Any change would be ‘difficult given the financial circumstances’

Isabel Baxter
clock 22 July 2026 • 2 min read
The pension IHT guidance gap and what advisers should do about it

The pension IHT guidance gap and what advisers should do about it

Full operational guidance won't arrive until spring 2027

Nick Henshaw
clock 21 July 2026 • 3 min read