Source · Select Committees · Public Accounts Committee

Recommendation 9

9

With the resources it was given in the 2021 Spending Review, HMRC’s aim is to...

Conclusion
With the resources it was given in the 2021 Spending Review, HMRC’s aim is to maintain the tax gap and prevent it from growing. For every £1 that it spends on compliance activity, it said it recovers £18 in additional tax revenues. HMRC sometimes gets additional resources from HM Treasury for particular purposes in return for additional tax revenues. HMRC said that typically this investment recovers between £10 and £20 in tax revenue for every £1 it spends.13 Fraud and error in the COVID-19 support schemes
Government Response

A response document is linked to this report, dated 12 April 2023. Response attribution to this conclusion has not been verified. Read the response document ↗