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HMRC Annual Report

Richard Clarke director PricewaterhouseCoopers reviews the first HM Revenue & Customs Annual Report
The week before Christmas saw the release of the very first HM Revenue & Customs (HMRC) Annual Report which not only reviewed the work of the old Inland Revenue and Customs & Excise departments in the year 2004/05 but also reported on progress since the merger was enshrined in law on 7 April 2005.
The 110 pages of this report detail the scale and breadth of the work now carried out by HMRC a department of 100 000 civil servants which delivered nearly £380 billion in taxes and duties. The same organisation that issues self-assessment returns and enquires into the accounts of small traders also prides itself on its key role in fighting terrorism...

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