HMRC forced to revisit 'unrealistic' restructuring plan

Timeline and cost "unrealistic", NAO says

clock • 2 min read

HM Revenue & Customs' plans for restructuring were "unrealistic", forcing the tax man to reconsider its options, the government's spending watchdog has said.

The National Audit Office said HMRC was reconsidering the scope and timing of its plans to replace 170 local offices with 13 regional centres. According to the FT, the total cost of the estate over the next decade has risen by an estimated £600m — or a fifth — since 2015, mostly because of the buildings' higher than expected running costs. Head of the National Audit Office Amyas Morse urged HMRC to reconsider its plans for moving to regional centres. "It should step back and consider whether this strategy still best supports its wider business transformation and will deliver the susta...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Cathi Harrison on Verve's next phase and building a sustainable Foundation

Cathi Harrison on Verve's next phase and building a sustainable Foundation

Group eyes AI, recruitment and fundraising

Isabel Baxter
clock 17 September 2026 • 6 min read
Ex-Verso WM duo set up 'values-led' North West advice firm

Ex-Verso WM duo set up 'values-led' North West advice firm

Lydia Taft and Michael O’Neill launch Next Step Financial Planning

Sophia Panayi
clock 16 September 2026 • 2 min read
Fintel targets 35% margin as Plannr pipeline runs into thousands of licences

Fintel targets 35% margin as Plannr pipeline runs into thousands of licences

CEO Matt Timmins bullish on Plannr’s growth

Isabel Baxter
clock 15 September 2026 • 5 min read