HMRC's RTI flagship appears to be sinking fast, even before it has been launched.
Despite assurances from all and sundry that everything to do with RTI is tickedy boo, it appears that this is not the case at all.
HMRC has now admitted that its Real Time Information (RTI) development is running over its original budget of £124M.
It seems that, as with any IT project, changes in the design of RTI have been made resulting in additional costs.
Which is kind of odd really, because in July this year David Gauke said of RTI:
I suppose, to give him the benefit of the doubt, he didn't say "on budget".“It is on track and going well.
We are optimistic it will deliver to the timetable.”
Now, the obvious question is:
"How much is the budget overrun?"Over to you Davie....
As per Computer Weekly Gauke has answered thusly:
“HMRC are working to determine the scale of the increase and are looking at how these additional costs will be met.”In other words, no one has a farking clue and they don't know how to pay for the overrun!
Tax does have to be taxing.
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