Simon Clarke, chief sec to Treasury, said today that pre-Budget announcements have not included market-sensitive information... hansard.parliament.uk/commons/2021-1…
...and that Treasury had observed all the proprieties set out in the @nickmacpherson2 review...
@nickmacpherson2 The Macpherson review recommended a ban on the pre-release of the “core of the Budget”, including tax reliefs
But this Treasury release I tweeted yesterday includes two references to tax reliefs
The release goes on to announce two ways of making it easier to qualify for tonnage tax regime, which I am told is a form of tax relief
But is it not also market-sensitive information for the shipping companies that may benefit?
Link to the 2013 Macpherson review is here assets.publishing.service.gov.uk/government/upl…
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