TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

HMRC’s Annual Report published and message on customer service performance

Last month HMRC published its Annual Report and Accounts 2020/2021 and Charter Annual Report 2020/2021 (the first since the HMRC Charter was relaunched last year). The latest HMRC performance statistics are also available. The National Audit Office has also reported on HMRC’s 2020/21 accounts and the latest report on HMRC stakeholder engagement research 2020/2021 is available in addition to a message from HMRC on customer service performance (which can be viewed on the Institute’s website).

Readers are reminded that the Institute regularly discusses HMRC service levels at HMRC forums and you are encouraged to contact us (email: leontia.doran@charteredaccountants.ie) with your feedback at any time.

Despite the pandemic, HMRC collected £608.8 billion in tax revenues in the last financial year – a 4.4 percent reduction on the previous year but the third highest total on record, and higher than initial forecasts at the start of the pandemic.