Search results for 'Money and tax'

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  1. Universal Credit: progress update

    Report Value for money

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    The DWP has reset Universal Credit on a sounder basis but at significant cost, by extending the time for implementation and choosing a more expensive approach.

  2. Oversight of the Private Infrastructure Development Group

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    Despite providing substantially increased funding for PIDG (up to £700 million by 2015), the Department has not exercised enough oversight to ensure value for money has been achieved.

  3. Her Majesty’s Revenue & Customs 2013-14 accounts

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    The report covers HMRC’s progress in operating the PAYE service, its implementation of its new Real Time Information service and its performance in tax collection and in reducing error and fraud in personal tax credits.

  4. Government grant services

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    Government has given less attention to grants than to other policy funding mechanisms, despite grant funding being higher in value, making up 41 per cent (£292 billion) of its total expenditure.

  5. Using alternatives to regulation to achieve policy objectives

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    There are some good examples across government of alternatives to regulation being used to achieve policy objectives. However more needs to done to share these examples to highlight when alternatives are most likely to work and how they should be designed.

  6. Regulating financial services

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    The new system of regulating financial services will need to demonstrate in future that the cost of two regulators achieves value for money for customers.

  7. The Help to Buy equity loan scheme

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    The Help to Buy equity loan scheme is improving access to mortgage finance, but the scheme’s costs will be substantial.

  8. Managing debt owed to central government

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    Government is owed a large amount of money but has no overall view of its debt reduction objectives nor of the financial risk that the debt poses.

  9. Crossrail

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    The DfT and Transport for London have done well to protect taxpayers’ interests in Crossrail but risks remain including delivery of the trains.

  10. The first sale of shares in Lloyds Banking Group

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    The Government’s first sale of shares in Lloyds Banking Group was managed very effectively by United Kingdom Financial Investments Limited.

  12. Programmes to help families facing multiple challenges

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    Two government programmes aiming to help families with multiple challenges, such as unemployment and anti-social behaviour, are starting to provide benefits but considerable challenges remain.

  13. Student loan repayments

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    BIS will not be well-placed to secure value for money on student loan repayments until it has a more robust strategy to improve collection performance.

  14. Complaints policy

    What to do if you want to complain about the work of the National Audit Office. We value your comments and feedback. The NAO aims to carry out its work to the highest professional standards and to deliver an efficient and effective public audit service which represents best value for money. We are committed to continual improvement.

  16. Streamlining farm oversight

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    Farm oversight activity does not deliver value for money for the taxpayer and continues to burden compliant farmers unnecessarily.

  19. DFID: The multilateral aid review

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    The 2011 DfID review of the £3.6bn spent through multilateral organisations (such as the UN) is a significant step towards achieving value for money.

  20. HM Treasury Resource Accounts 2011-2012

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    The National Audit Office has today given an update on the financial support provided by the Treasury to the UK banking sector – how much support has been provided, how much is still outstanding and how much it is costing the taxpayer.