Independent review of reported CSR07 value for money savings : HM Revenue & Customs

In Autumn 2009, HMRC reported it had achieved savings of some GBP300 million.

The NAO examined reported savings in staffing, estates, IT and procurement which totalled GBP288 million a year, some 90 per cent of the reported total savings.

The NAO rated 42 per cent (GBP121 million) as sustainable savings (green), 45 per cent (GBP129 million) as savings but with some uncertainty (amber) and 13 per cent (GBP38 million) as overstated (red).

This report accompanies the broader NAO progress report on VFM savings (HC 291, 9780102965391)