Forty-Eighth Report - HMRC’s management of tax debt
Select Committee
Public Accounts Committee
HC 953
26 March 2022
Government Response (AI assessment · 27 of 27 classified)
Accepted
20
Recommendations
2 results
17
Accepted in Part
HMRC told us that it does not wish to drive any viable business to the...
Recommendation
HMRC told us that it does not wish to drive any viable business to the wall by pushing them to repay debt too quickly.39 Therefore, during the pandemic, it began using data it already holds on customers to inform how …
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Government Response Summary
HMRC will re-assess the extent to which sectoral data adds value to its segmentation approach, but previous analysis has shown that it is less effective than business-specific data.
HM Treasury
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18
Accepted in Part
There is evidence that the pandemic has had a varied economic impact, with some businesses...
Recommendation
There is evidence that the pandemic has had a varied economic impact, with some businesses and individuals improving their financial position during the pandemic while others have been negatively affected.42 For example, companies in the hospitality sector have often been …
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Government Response Summary
HMRC will re-assess the extent to which sectoral data adds value to its segmentation approach, but previous analysis has shown that it is less effective than business-specific data.
HM Treasury
View Details