Search results for 'Money and tax'
Showing 161 - 180 of 262 results
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HM Revenue & Customs: The Control and Facilitation of Imports
Published on:HM Revenue & Customs clears most imported goods quickly, and processes for submitting customs declarations and payments for non-EU imports are straightforward, says a report out today from the National Audit Office. The rate of physical checks at the UK border is below the EU average, however, and the number of audits of traders has […]
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Managing tax debt through the pandemic
Published on:This report considers how well HMRC has managed tax debt through the pandemic.
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Department for Work and Pensions: Management of benefit overpayment debt
Published on:Today the National Audit Office has reported that the Department for Work and Pensions increased recoveries of benefit overpayments from £180 million in 2005-06 to £272 million in 2007-08, and preliminary results suggest that the Department has achieved its recovery target of £279 million for 2008-09. But recoveries are not keeping pace with the rate […]
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HM Revenue & Customs: Management of Tax Debt
Published on:HMRC has improved how it manages debts owed to it by taxpayers, according to a report by the National Audit Office. The amount of money owed has reduced from 4.3 per cent of tax collected in 2005-06 to 3.8 per cent in 2007-08. The age of the direct tax debt has also reduced. Over the […]
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HM Revenue & Customs 2007-08 Accounts
Published on:Report by the Comptroller and Auditor General
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The Bounce Back Loan Scheme: an update
Published on:This report provides an update on the Bounce Back Loan Scheme.
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Department for Work and Pensions Accounts 2020-21
Published on:The C&AG of the NAO, Gareth Davies, has qualified his opinion on the regularity of DWP’s 2020-21 financial statements.
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Investigation into the implementation of IR35 tax reforms
Published on:This investigation sets out how HMRC introduced the 2017 IR35 reforms, and what lessons it has learned and taken forward.
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Good practice in tackling external fraud
Published on:The purpose of the guide is to demonstrate and explain some of the good practices used by organisations in tackling external fraud. It includes checklists to help you assess your current practices.
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HM Revenue & Customs 2006-07 Accounts: The Comptroller and Auditor General’s Standard Report
Published on:Sir John Bourn, head of the NAO, today issued his audit certificate on HM Revenue & Customs 2006-07 Trust Statement of revenues. Sir John was able to issue an unqualified audit opinion on the truth and fairness of the Trust Statement, but in common with 2005-06, issued a qualified opinion on regularity due to levels […]
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HM Revenue & Customs: Accuracy in processing Income Tax
Published on:Income tax is processed accurately in the majority of cases by HM Revenue & Customs, but errors in processing lead to the wrong amount of tax being paid by around 1 million taxpayers, the NAO says today. In a new report to Parliament, the spending watchdog points out that HMRC accurately calculates the right amount […]
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Tackling the hidden economy
Published on:HM Revenue & Customs achieved a return of around £4.50 for every £1 spent on tackling the hidden economy in 2006-07 and recent campaigns to encourage people into the formal economy have achieved much higher returns. But, according to the National Audit Office, the penalties the Department imposes when it detects people in the hidden […]
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HM Revenue & Customs 2020-21 Accounts
Published on:Gareth Davies, the Comptroller and Auditor General of the National Audit Office, has reported on the 2020-21 accounts of HM Revenue & Customs.
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Helping individuals understand and complete their tax forms
Published on:Making forms and guidance easier to obtain and understand should help to reduce the unintentional errors by taxpayers and result in more accurate tax assessments. A report from the National Audit Office today proposes improvements which build on changes already introduced by HM Revenue & Customs. Taxpayers can obtain forms and guidance from HM Revenue […]
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Management of large business corporation tax
Published on:HMRC has made progress in changing the way it deals with Corporation Tax for the largest businesses in the UK, the NAO says today, but there are ways in which it can improve, particularly in focusing on higher amounts of tax at risk. That was the main finding in today’s report to Parliament which recognises […]
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HM Revenue & Customs’ estate private finance deal eight years on
Published on:By transferring ownership or leases of around 60 per cent of its estate (591 properties) to a private contractor, Mapeley, in 2001, the Inland Revenue and HM Customs & Excise planned to reduce their running costs and had the opportunity to save up to £1.2 billion by reducing the size of the estate. However, in […]
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Environmental tax measures
Published on:This report examines how HM Treasury and HMRC manage tax measures that have an impact on the environment.
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Vehicle Excise Duty Accounts 2006-07
Published on:The evasion of road tax by motorists and motorcyclists has increased significantly, the National Audit Office has reported. According to the Department for Transport’s roadside survey in June 2006, Vehicle Excise Duty evasion was running at some 5 per cent (£217 million), up from 3.6 per cent (£147 million) the previous year. The Driver and […]
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Investigation into the Culture Recovery Fund
Published on:This investigation examines the £1.57 billion Culture Recovery Fund announced in July 2020.