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HMRC to use AI from British tech firm to spot fraud and tax return errors

HM Revenue and Customs has announced a 10-year, £175m deal with British tech firm Quantexa to provide AI-powered technology to improve performance. The system will combine HMRC data with external sources to identify fraud and fix errors quickly. Quantexa says automated decisions will still need human checks, and data will remain secure.

SourceHacker News AIAuthor: Brajeshwar
HMRC to use AI from British tech firm to spot fraud and tax return errors
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Key points and analysis

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Key points

  • HMRC signs £175m, 10-year deal with Quantexa for AI technology.
  • AI will integrate internal and external data to detect fraud and errors.
  • Quantexa emphasizes AI supports human decision-making, not replaces it, and data security is ensured.
  • The move aligns with UK government's 'digital sovereignty' efforts.

Highlights and analysis are generated automatically and may contain errors. Check the original source.