National Audit Office (NAO)
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Sep- 2024 -10 SeptemberLatest News
HMRC losing ‘billions’ due to small business tax evasion, NAO finds
The UK is losing billions of pounds a year in revenue due to tax evasion among small businesses, which can…
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Dec- 2023 -8 DecemberRegulators
FCA needs to ‘manage risk’ to meet commitments, NAO warns
The Financial Conduct Authority (FCA) is making significant changes in response to its new responsibilities and past regulatory failures, but…
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Dec- 2022 -16 DecemberHMRC
Tax dodging cost HMRC £9bn during Covid, says NAO
HMRC’s compliance work generated around £9bn less tax revenue than normal during the pandemic as thousands of tax compliance staff…
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Mar- 2021 -17 MarchAudit
Less than 50% of local authorities completed audits in 2020, NAO says
The National Audit Office (NAO) has reported that less than half of local councils, local police and local fire bodies…
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Feb- 2021 -25 FebruaryTax
Exchequer urged to better understand green taxes
The National Audit Office (NAO) has claimed that the treasury and HMRC have only a limited understanding of the environmental…
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May- 2019 -1 MayAudit
NAO publishes guidance for audit committees on cloud services
The National Audit Office (NAO) has published its latest guide outlining cloud services and its use in government suggesting questions…
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Mar- 2019 -14 MarchRegulators
NAO seeks consultation on audit code of practice update
The National Audit Office (NAO) is consulting on the code of practice for auditors of local public bodies in England.…
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