Gareth Davies, the Comptroller and Auditor General (C&AG) of the National Audit Office, has reported on the 2023-24 accounts of HM Revenue & Customs. His report focuses on:
- HMRC’s performance against its objective of collecting revenues and managing compliance, the main components of the £843.4 billion raised in 2023-24 and HMRC’s customer service and debt management performance
- the basis of the C&AG’s qualification of his opinion on the regularity of HMRC’s Resource Accounts in relation to error and fraud in Corporation Tax research and development reliefs
- the basis of the C&AG’s qualification of his opinion on the regularity of HMRC’s Resource Accounts in relation to error and fraud in Personal Tax Credits and Child Benefit
The C&AG has qualified his opinion on the regularity of HMRC’s 2023-24 Resource Accounts due to the material level of error and fraud in Corporation Tax research and development reliefs, Personal Tax Credits and Child Benefit.
HM Revenue & Customs annual report and accounts 2023-24
The C&AG’s report (pages R1-42)
Resource accounts and audit certificate (pages 172-183 and 214-264)
Trust Statement audit report (on the revenue recorded by HMRC for taxes and duties in 2023-24, pages 156-171)
