Businesses: Taxation — Written Question

Question

Richard Fuller

Conservative — North Bedfordshire

To ask the Chancellor of the Exchequer, with reference to page 4 of the report by the NAO entitled The Administrative Cost of the Tax System, published on 10 February 2025, if she will instruct HMRC to update its £15.4bn estimate of the cost to businesses

Answer

James Murray

The £15.4bn estimate of the cost to businesses of complying with the tax system contains in the NAO report comes from HMRC’s Standard Cost Model (SCM). This uses an internationally recognised approach to estimating these costs. The SCM contains data on ap...

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