The 10-year contract to run the Inland Revenue’s tax and national insurance systems, worth between £4bn – £5bn, could be rewarded to Cap Gemini Ernst & Young and Fujitsu, according to reports.
EDS will argue that it is not a good time to change to another IT services provider, as the Revenue is dealing with new tax and tax credit initiatives.
However the company has been heavily criticised during the Committee’s investigations. Edward Leigh, chairman of the PAC, pointed out that EDS made a ‘fat profit’ after ‘unleashing’ an unready system on society’s most vulnerable.
Inland Revenue chairman Sir Nicholas Montagu told the Committee: ‘I expected EDS to provide a system that was stable and fit for the purpose.’
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
In our latest managing partner Q&A looking towards 2017, CVR Global's Richard Toone talks about recruitment, and the potential threat of competition from the legal sector, as key issues for the firm in the coming year
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In our first Q&A looking towards 2017, Menzies senior partner Julie Adams flags up increasing digitisation, aligned with more hands-on consultative services, as the key mix for her practice