In 2024-25, HM Revenue & Customs (HMRC) collected £875.9 billion in tax revenue, an increase of 3.9% on the previous financial year. HMRC’s spending also decreased, from £7.2 billion to £6.6 billion.
Jump to downloadsHMRC’s objectives include closing the tax gap, modernising tax and customs administration and improving the overall customer experience.
HMRC has identified 6 of its 10 key risks as being on a ‘red’ rating:
- technical health
- data protection
- HMRC security
- exploiting information
- improving customer experience
- capacity and capability
Downloads
- HM Revenue and Customs overview 2024-25 (.pdf — 568 KB)
