Search results for 'Tax'

Showing 241 - 260 of 367 results

  1. Vehicle Excise Duty Account 2005-06

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    Sir John Bourn, Head of the National Audit Office, today reported to Parliament on the Vehicle Excise Duty (VED) accounts for 2005-06. The VED evasion rate increased from 3.4 percent in 2004 to 3.6 percent in 2005 (£147 million). This reversed the previous decrease, and the Driver and Vehicle Licensing Agency (DVLA) acknowledges that it […]

  2. HM Revenue & Customs 2005-06 Accounts: The Comptroller and Auditor General’s Standard Report

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    Sir John Bourn, head of the NAO, today published a report on HM Revenue and Customs’ (HMRC’s) accounts for the year 2005-2006. HMRC collected total revenue of some £404 billion. For the fourth year running, Sir John has qualified his opinion on the Trust Statement in respect of tax credits because of the likely level […]

  3. Comptroller and Auditor General’s Standard Report on the Accounts of the Inland Revenue 2004-05

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    Sir John Bourn, head of the NAO, today published a report on the Inland Revenue’s accounts for the year 2004-2005. The Inland Revenue collected some £256.9 billion in the year. Sir John confirmed that overall the Inland Revenue continued to secure an effective check over the assessment, collection and allocation of tax during the year. […]

  4. Investigation into the Bounce Back Loan Scheme

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    This investigation describes the scheme’s purpose and how it functions, performance to date, and how government manages value-for-money risks.

  5. VAT on e-commerce

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    The National Audit Office has today backed HM Revenue and Customs’ assessment that the overall risk to VAT revenue from on-line shopping, or e-commerce, is currently low. The Department has been alert to specific areas of risk which have emerged and is well-positioned to tackle these. As activity increases in this fast changing environment, it […]

  6. Filing of Income Tax Self Assessment Returns

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    The Department has stemmed the fall in the percentage of people filing their tax returns by the deadline, so that just over 90 per cent file their returns by the end of January each year, according to the National Audit Office. However, an estimated £1.1 billion of income tax was outstanding from 1.1 million overdue […]

  7. Her Majesty’s Revenue & Customs annual accounts 2017-18

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    Amyas Morse, the Comptroller and Auditor General (C&AG) of the National Audit Office, has reported on the 2017-18 accounts of HM Revenue & Customs. His report focuses on tax revenue; Personal Tax Credits and Child Benefit error and fraud; and HMRC’s digital transformation programme.

  8. Decision support tool
    Annex A: Note on legal forms of TSOs and charitable status

    This page is part of our decision support tool. What is meant by the term ‘third sector organisation’ (TSO)? Organisations are traditionally divided on the basis of‘private’ or ‘public’, and ‘for-profit’ or ‘not-for-profit’.Organisations which are established on a not-for-profit basis, and which are not directly controlled by the state (not part of the public sector) […]

  9. Successful commissioning toolkit
    Accountability

    This page is part of our successful commissioning toolkit. Accountability is the obligation to explain to someone how well you have met your responsibilities. Those responsibilities may be for the outcome of a programme or the custody and use of assets (such as goods, intellectual property, land and buildings, people and money). Such an obligation may […]

  10. National Insurance Fund Account 2004-05

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    Clarification Point 2 in the C&AG introduction (page 26), should read: “From April 2003 an additional one per cent National Insurance contribution has been collected and allocated directly to the National Health Service, bringing the total payments to the NHS to some £16.8 billion in 2004-2005 (£14.9 billion in 2003-2004).” Head of the National Audit […]

  11. Comptroller and Auditor General’s Standard Report on the Accounts of HM Customs and Excise 2004-05

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    Sir John Bourn, head of the National Audit Office, today reported the results of his examination of HM Customs’ systems for the assessment, collection and allocation of tax revenue during the year ending 31 March 2005. In 2004-05 Customs collected £120.7 billion (net) in taxes and duties. Sir John’s report focuses on Customs’ work to […]

  12. Audit of HM Customs and Excise systems and accounts 2003-04

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    Sir John Bourn, head of the National Audit Office, today reported the results of his examination of HM Customs and Excises systems for the assessment, collection and allocation of tax revenue during the year ending 31 March 2004. In 2003-04 Customs collected £162 billion (gross) in taxes and duties. Sir John’s report focuses on Customs’ […]

  13. Inland Revenue: Inheritance Tax

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    The Inland Revenue has in recent years improved the way it checks compliance with Inheritance Tax. It has also done a great deal to reduce the burden on those who have to sort out the tax affairs of an estate when someone dies. Today’s report from head of the NAO Sir John Bourn highlights ways […]

  14. Corporation Tax: Companies managed by HM Revenue and Customs’ Area offices

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    The management of Corporation Tax by HM Revenue and Customs’ Area offices has improved in recent years, according to the National Audit Office. However, the variations in performance across offices offer scope for further savings in the costs of managing the tax and generating additional tax revenue. The Department’s Area offices administer Corporation Tax for […]