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HMRC

Value of business tax reliefs jumps to a record £93.7bn per year

The number and value of business tax reliefs in use has risen sharply over the past decade. Only 39 reliefs were on offer to businesses in 2012/13, with a total value of £70.9bn

The value of tax reliefs claimed by UK businesses reached a record £93.7bn last year, up another 5% from the £89.3bn claimed the year before, according to new research by Thomson Reuters.

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