HMRC will cut £235m in IT spending over the next four years, as part of a change program that uses private sector benchmarking to understand costs better, according to a National Audit Office report released today.

Using unit cost data to benchmark costs between business areas, HMRC has identified waste and improved its awareness of sound financial management "HMRC benchmarked its accommodation and IT costs against the private sector and other Government departments," says a National Audit Office Report.