Select committee: Public Accounts Committee
Conclusion 11
9th Report - Large business tax compliance
Published 10 Jul 2026
Addressed to HM Treasury
Public Accounts Committee Large business tax compliance All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗
Conclusion (the committee's words)
HMRC told us that the special measures regime was designed to be a deterrent. It said it uses this alongside a package of other measures to incentivise large businesses to plan their tax affairs responsibly. One such measure is the High Risk Corporates Programme, which HMRC said has helped to change tax behaviours and shift 96% of businesses into a more compliant space. HMRC stated that it considers using special measures on any business that goes into the High Risk Corporates Programme, but argued that the regime’s deterrent effect, in conjunction with HMRC’s operational work, is already successfully driving positive behavioural change among large businesses.21
From: Public Accounts Committee, 9th Report - Large business tax compliance (HC 86), 10 July 2026
Government response
The government responded to the whole report on 1 October 2026 (deadline 10 September 2026).