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UK Chancellor Announces Key Reforms in HMRC Strategy and New Tax Measures

  • New Leadership and Strategic Direction for HMRC: Chancellor appoints James Murray as Chair of the HMRC Board to advance strategic priorities, targeting the tax gap and enhancing service quality, driving initiatives for improved compliance and taxpayer services.
  • Digital Transformation Roadmap: HMRC’s upcoming Digital Transformation Roadmap, to be published in spring 2025, aims to make HMRC a digital-first organization, leveraging digital technologies to improve taxpayer experience, transparency, and compliance through data-driven approaches.
  • Growth and Skills Levy: Replacing the apprenticeship levy, the new Growth and Skills Levy announced on September 24, 2024, supports shorter apprenticeships and foundation opportunities, requiring additional employer funding for Level 7 apprenticeships, emphasizing workforce skill development for economic growth.

Source RTCsuite


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