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HM Customs and Excise: Improving VAT Assurance

“Customs and Excise deserve credit for deploying resources intelligently so that returns are increased. Their well-focused approach has yielded clear benefits but even more revenue could be brought in by directing greater effort at the highest risk traders”.

Published:
24 Nov 1999

HM Customs and Excise: Improving VAT Assurance

Sir John Bourn, head of the National Audit Office, today reported to Parliament on HM Customs and Excise’s collection of £29.6 billion VAT from the majority of the UK’s 1.6 million registered VAT traders. The Department’s strategy has been to shift auditing effort towards those traders presenting the highest risks to the revenue and, since … Read more

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National Insurance Fund Account 1997-98

Section 161 of the Social Security Administration Act 1992 requires me to examine and certify the National Insurance Fund Account and this report records the results of my examination of the 1997-98 account.

Published:
13 Jan 1999

National Insurance Fund Account 1997-98

Section 161 of the Social Security Administration Act 1992 requires me to examine and certify the National Insurance Fund Account and this report records the results of my examination of the 1997-98 account.