The Treasury – HM Treasury is the government ministry concerned with the economy and finances. The Treasury maintains control over spending and directs economic policy for the UK.
£10.9 billion of unpaid tax was written off in 2009/2010 by HMRC, without the Treasury being aware this was the case until now.read more
Up to £16 billion of unpaid tax has been missed by the Treasury according to a new in depth report. More than half a million companies disappeared last year without paying any tax and in most cases not filing accounting.read more
The biggest government financial surplus for more than 2 years has been recorded as healthy income tax receipts last month swelled the treasury’s coffers.read more
£900 million will be spent by the Treasury in an attempt to clampdown on tax evasion, chief secretary to the Treasury Danny Alexander has revealed.read more
The pre-Budget report (PBR) will be done away with by Chancellor George Osborne in a move that will return economic policy to the way it was prior to Gordon Brown’s era.read more
The Treasury is planning to cut staff numbers by a quarter as the Chancellor George Osborne seeks to roll back his department in line with sweeping cuts across the board.read more