The UK has over 1000 tax reliefs: why doesn't the government know how many billions they cost? | Rajiv Prabhakar

You'd think a tax-obsessed Tory party would want to know what these exemptions add up to. We need transparency now It is not uncommon for politicians to compare managing the public finances to running a household budget. Hence the frequent statements about greater public borrowing equating to maxing out the nation's credit card from Conservatives such as David Cameron and Rishi Sunak. Of course, this comparison is highly misleading - for a start, governments can raise money in tax and borrow mor...