Ms Colette Bennett:

This is a point we have made for quite some time. It should be part of the budgetary process overall that there be transparency in this regard. We would certainly welcome tax expenditures being timely, targeted and temporary. There should be sunset clauses embedded into them and any new proposals for tax expenditures should be robustly discussed and debated. We very much agree, as a first step in involving tax expenditures as part of the national budgetary process, that there be an agreed-upon list of what tax expenditures actually are and a review of how much they cost in real terms in order that we can have that robust debate annually.