(c) Institute of Chartered Accountants in England and Wales. Contact ICAEW for permission to reproduce this article., Tax

HMRC needs a review

On the tenth anniversary of HMRC’s formation, is a wide-ranging review of the Revenue still necessary? Paul Aplin argues it is.

HMRC was formed 10 years ago and much has happened that was never envisaged by Gus O’Donnell when he proposed its creation through the merger of the Inland Revenue and H M Customs & Excise. There have been years of resource cuts – the department’s headcount has fallen by around 40% – there has been a significant increase in press and political interest in tax avoidance, service standards have attracted repeated criticism, public confidence has been eroded, the volume of tax legislation has mushroomed.

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This article was originally published in Economia.