National Audit Office

1-7 of 7 Articles
Clock icon 3 minutes

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

Clock icon 2 minutes

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

Clock icon 5 minutes

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

Clock icon 3 minutes

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. 

Clock icon 5 minutes

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

1-7 of 7 Articles
Intership icon

Latest Jobs

Intership icon

Latest Events