National Audit Office

The UK is losing billions of pounds a year in revenue due to tax evasion among small businesses, which can easily exploit weaknesses in government systems, according to a new National Audit Office (NAO) report on tax evasion in retail. As well as raising public funds, reducing tax evasion encourages

The efforts undertaken to tackle fraudulent applications to the Bounce Back Loan scheme have been deemed "inadequate" by the National Audit Office (NAO). According to a new report, 'The Bounce Back Loan Scheme: an update', counter-fraud activity was "implemented too slowly to prevent fraud effective

Tax debt in the UK is more than double pre-pandemic levels, and the current staffing at HMRC is unlikely to be enough to manage the increased tax debt workload, according to a new report published by the National Audit Office (NAO). As the country went into lockdown in March 2020 HMRC paused most of

HMRC has been accused of making fewer arrests on white-collar tax dodgers due to a lack of resources and criticism about it being too “trigger happy”.

UK taxpayers could lose as much as £26 billion from fraud, organised crime or default, as a report by the National Audit Office (NAO) revealed up to 60% of COVID-19 loans may never be repaid. 

The Department for Work and Pensions (DWP) has identified nearly 100,000 Universal Credit claimants that it suspects may have claimed an advance fraudulently, the National Audit Office (NAO) said today.

The two private finance initiative (PFI) hospitals that Carillion was building at the time it collapsed are currently due for completion at vastly increased budgets with most of the increased costs being met by the contractor and private PFI investors, a National Audit Office (NAO) investigatio