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HMRC’s remit for 2012/13

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Maximising additional revenues and achieving a ‘sustained reduction’ in the tax gap are George Osborne’s top priorities for HMRC in the coming year.

Maximising additional revenues and achieving a ‘sustained reduction’ in the tax gap are George Osborne’s top priorities for HMRC in the coming year. The Chancellor outlined in a letter to Lin Homer, HMRC’s Chief Executive, what he expected from HMRC in 2012/13.

Continued investment in skills to deal with the complex tax affairs of the largest businesses, and changes in governance for the largest tax settlements to improve public confidence, would be ‘critical in maximising the collection of taxes due and providing certainty to business’, he said.

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