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Written question asked by Martyn Day (Scottish National Party) on Wednesday, 10 February 2021, in the House of Commons. It was due for an answer on Monday, 22 February 2021. It was answered by Jesse Norman (Conservative) on Friday, 26 February 2021 on behalf of the Treasury.


Advertising: Tax Allowances

Question

To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of introducing advertising tax credit outlined in the Advertising Association's industry modelling on tax revenues.

Answer

The Government keeps all tax policy under review and regularly receives proposals for sector-specific tax reliefs. When considering any new tax reliefs, HM Treasury must ensure they provide support to businesses across the economy and represent good value for money for the taxpayer.


Secondary information

Type
Written question
Reference
152584
Session
2019-21
Grouped for answer
Yes
Subjects
Advertising Tax allowances
Link
View this Written question on www.parliament.uk