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Budget
17 March 2004
In July 2003 the Chancellor of the Exchequer announced a major review of the organizations dealing with tax policy and administration: HM Customs and Excise, the Inland Revenue, and HM Treasury. The review’s remit was to examine the best organizational arrangements for achieving the Government’s tax objectives. It was led by Gus O’Donnell.
The report examines the work of the revenue departments and challenges in improving tax administration, better use of information and tax policy making.
The report recommends the creation of a new department, integrating Customs and Excise and the Inland Revenue, new policy making arrangements between the new department and HM Treasury and a new accountability framework.
The "Review of the Revenue Departments" is available below in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website. For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.