This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/business/8405101.stm
The article has changed 2 times. There is an RSS feed of changes available.
Previous version
1
Next version
Version 0 | Version 1 |
---|---|
Old IT 'hindering' tax recovery | |
(about 14 hours later) | |
The taxman's ability to collect debts is being undermined by outdated computer systems, according to a committee of MPs. | The taxman's ability to collect debts is being undermined by outdated computer systems, according to a committee of MPs. |
Systems at HM Revenue & Customs "do not provide essential information", the Public Accounts Committee said. | Systems at HM Revenue & Customs "do not provide essential information", the Public Accounts Committee said. |
Latest estimates suggest that £11.2bn of the £27.7bn owed in March this year is unlikely to be collected. | Latest estimates suggest that £11.2bn of the £27.7bn owed in March this year is unlikely to be collected. |
The committee says investing in new systems at HMRC would reduce the amount of tax that is owed but never paid. | The committee says investing in new systems at HMRC would reduce the amount of tax that is owed but never paid. |
Tax collection being constrained by a lack of funding goes to the heart of the government's financial dilemma, says BBC business correspondent Nils Blythe. | Tax collection being constrained by a lack of funding goes to the heart of the government's financial dilemma, says BBC business correspondent Nils Blythe. |
The government needs to increase tax receipts and cut Whitehall spending. | The government needs to increase tax receipts and cut Whitehall spending. |
Backlog | Backlog |
The amount of tax collected has dropped steeply in the recession. | The amount of tax collected has dropped steeply in the recession. |
The UK's total tax take fell by £22bn to £436bn in the fiscal year 2008-09. | The UK's total tax take fell by £22bn to £436bn in the fiscal year 2008-09. |
"HMRC's efforts to recover debt are being hampered by its systems, which do not provide essential information such as a profile of debt across taxes," said chairman of the committee Edward Leigh. | "HMRC's efforts to recover debt are being hampered by its systems, which do not provide essential information such as a profile of debt across taxes," said chairman of the committee Edward Leigh. |
"The money needed to upgrade systems would be well spent if it were outweighed by the amount of additional tax recovered. | "The money needed to upgrade systems would be well spent if it were outweighed by the amount of additional tax recovered. |
"Delays in introducing new systems have contributed towards backlogs in processing tax cases and have led to staff resources being diverted at critical times." | "Delays in introducing new systems have contributed towards backlogs in processing tax cases and have led to staff resources being diverted at critical times." |
There is a backlog of 17 million PAYE cases awaiting processing that will not be cleared until new systems are fully operational in April next year, he added. | There is a backlog of 17 million PAYE cases awaiting processing that will not be cleared until new systems are fully operational in April next year, he added. |
The HMRC said it had modernised its collection systems radically. | |
"By the end of November HMRC had collected almost £6bn more debt than in the same period in 2008," a spokesman said. | |
"We also saw a reduced level of tax credit overpayments during 2007-08 due to improvements introduced in 2005. | |
"The government will consider the committee's conclusions and recommendations in detail and respond formally to the committee in due course," he added. |
Previous version
1
Next version