Click here to
Get an instant quote

HMRC invests in technology to close tax gap

In an effort to track down and collect more of the tax they are missing, the government is putting together a specialist IT team.

Antony Collard, the director of architecture and innovation for HMRC, is due to head up this new unit. Collard has headed up the HMRC’s seven digital centres for several years now.

In a recent article he wrote for HMRC’s Digital Blog he said:

“HMRC is a large organisation, carrying out myriad activities vital to the UK economy and society. So we’re really keen to harness the latest innovative thinking across all digital sectors.”

Collard is actively reaching out to find supplier partners with relevant experience as well as stepping up recruitment. During 2019, they will be filling hundreds of vacancies. The plan is that by 2020, the UK will have:

“one of the most digitally advanced tax administrations in the world”

HMRC has already greatly benefited from the use of digital technology. In 2016, the government body opened its Automation Delivery Centre. Within a year, they were automating most contact handling and certain casework decisions. Both innovations led to significant cost savings.

The organization’s Connect initiative that was launched eight years ago has also been a success. It automatically sifts through millions of records looking for inconsistencies. Often, these turn out to be indications of tax avoidance.

Accountants in Prenton and most other places in Wirral are aware of these initiatives. As a result, many are actively helping their customers to tighten up their record-keeping processes. Doing this is the best way to ensure that the information sent to HMRC is accurate so that it is not flagged as suspicious by the system.

Posted by Peter
February 11, 2019

No Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URL

Leave a comment