HMRC dangles £500M carrot for National Insurance system revamp

The UK government is inviting suppliers to bid to build a new national insurance system with a price tag of up to £500 million. The tax collector, HM Revenue & Customs (HMRC), has issued a call to speak to suppliers about the procurement to continue to run and then update the National Insurance and PAYE System (NPS). The “change” aspect of the new contract, which could last up to seven years, is to support “strategic milestones, key business events, and legislative or