Background
HMRC has a separate directorate to work with around 2,000 of the UK’s largest businesses to make sure they pay the correct amount of tax. HMRC takes a more hands-on approach with these businesses due to their size, complexity and the large amounts of tax at stake.
The taxes that HMRC collects from large businesses – including those their employees and customers pay through Pay As You Earn and VAT – account for around 40% of the total tax revenue collected by HMRC.
Scope
This study will examine whether HMRC’s approach to large business tax compliance is delivering value for money. It will look at:
- whether HMRC has a good understanding of the large business population and the compliance risks involved
- whether HMRC is well set up to tackle the compliance risks involved
- whether HMRC’s approach is delivering efficient and effective outcomes
NAO team
Director: Louise Bladen
Audit Manager: Andy Serlin