Select committee: Public Accounts Committee
Recommendation 15
9th Report - Tax evasion in the retail sector
Published 12 Feb 2025
Addressed to HM Treasury
Public Accounts Committee Tax evasion in the retail sector All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗
Recommendation (the committee's words)
At Autumn Budget 2024, the government announced that it was increasing collaboration between HMRC, Companies House and the Insolvency Service to tackle phoenixism.40 The Insolvency Service told us that, since the publication of the National Audit Office’s report, it had started an action group alongside Companies House and HMRC to look at phoenixism.41 All three organisations said that they were committed to increasing collaboration between them to tackle phoenixism and HMRC told us the organisations would be developing a concrete plan over the remainder of the financial year. The organisations cited a range of benefits of increased collaboration including exploiting data sharing to aid early intervention and maximise opportunities to recover taxes due before insolvency.42
From: Public Accounts Committee, 9th Report - Tax evasion in the retail sector (HC 355), 12 February 2025
Government response
Latest Treasury Minutes progress report to the Committee of Public Accounts on the Ninth Report of Session 2024-26
The government responded to the whole report on 4 June 2026.
Treasury minutes: Government response to the Committee of Public Accounts on the Ninth report from Session 2024-25
Published 6 May 2025.