Source · Select Committees · Public Accounts Committee
Recommendation 8
8
Not Addressed
HMRC is responsible for administering several government interventions in response to COVID-19.
Conclusion
HMRC is responsible for administering several government interventions in response to COVID-19. These include: grant-paying measures, such as the Coronavirus Job Retention Scheme and Eat Out to Help Out; measures to defer payments of tax liabilities, such as deferring VAT and self-assessment payments; and other tax measures, such as a VAT cut from 20% to 5% on food, accommodation and attractions. The Office for Budget Responsibility (OBR) has published estimates for the costs of COVID-19 measures. It estimates the costs of measures administered by HMRC, apart from the extra cost of the extension to the CJRS measure, at more than £80 billion.22
Government response summary AI-generated
The government response reiterates the primary support measures administered by HMRC, which was introductory context in the committee's conclusion, but does not address the observation about OBR's cost estimates.
Summary of the government's response below — read the verbatim text to verify.
Government Response
Not Addressed
HM Government · verbatim extract
Not Addressed
The primary support measures for individuals and businesses administered by HMRC include: grant-paying measures, such as the Coronavirus Job Retention Scheme (CJRS) and the Self- Employment Income Support Scheme (SEISS); measures to defer payment of tax liabilities, such as deferring VAT payments; and other tax measures, such as a VAT cut from 20% to 5% on food, accommodation and attractions.
Read the full response on Parliament ↗