HMRC’s role in the 2012
Games
HM Revenue & Customs’ (HMRC) role in the London 2012 Olympic and
Paralympic Games is to deliver the UK’s commitments on tax and borders
policy. This means protecting tax revenue whilst facilitating those
legitimately involved in and benefiting from the Games.
HMRC’s contribution focuses on:
- ensuring that taxation has a minimal adverse or distorting effect
on the Games
- administering the tax and customs control systems fairly and efficiently
- making it as easy as possible for individuals and businesses to
understand their entitlements and comply with their obligations
- delivering a proportionate response to the revenue risks associated
with Games activity
In preparation for the London 2012 Games, HMRC are working with the
London Organising Committee for the Olympics & Paralympic Games
(LOCOG), other government departments and customers, undertaking a range
of activity including:
- offering support at Olympic construction sites by providing information
to employers, employees and local businesses
- supporting those legitimately involved in the Games with their
tax and customs needs and obligations
- ensuring, in partnership with the UK Border Agency and LOCOG, that
preparations for the Games related to imports and exports are in place