I am not here to make tax policy on behalf of those on the Opposition Front Bench. However, I generally take the view that the fewer reliefs there are, the lower the general tax rate is and the harder it is to avoid tax. I therefore conclude with a quote from the Treasury Committee report. Paragraph 73 says:
"We are concerned that the recent proliferation of tax reliefs, allowances, and credits will increase the scope for tax avoidance, and we urge the Treasury to consider carefully such issues before bringing forward additional tax reliefs of this kind."
A simpler tax system is in the interests not just of taxpayers, but of their advisers and the Exchequer generally.