Source · National Audit Office
Report by the Comptroller and Auditor General: HM Revenue & Customs 2022-23 Accounts
Published: 17 Jul 2023
Recommendations: 2
Type: Value for Money
NAO confirmed: 2
NAO report detail with recommendations, government responses, and any Public Accounts Committee follow-up.
Recommendations
| Rec | Recommendation | Addressee | Acceptance | Implementation |
|---|---|---|---|---|
| 1 |
HMRC should consider whether the scale and focus of its current compliance arrangements for Corporation Tax research and development reliefs are adequate, now that it has a better understanding of the extent to which these schemes are being abused.
Ref Page 10, Paragraph 18, point a
· Implemented Q3 2024-25
|
HM Revenue and Customs | Accepted | Implemented ✓ NAO |
| 2 |
HMRC should assess whether it should inspect more Corporation Tax research and development relief claims made prior to the period covered by its latest estimate. This assessment should balance the costs of carrying out further reviews and the expected rate of return on any error and fraud these reviews may identify.
Ref Page 10, Paragraph 18, point b
|
HM Revenue and Customs | Rejected | — ✓ NAO |