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<p>The Treasury has provided the Valuation Office Agency (VOA) with the resources
it needs to deliver the valuations and property advice required to support the smooth
running of the taxation and benefits system.</p><p> </p><p>At Spending Review 2019,
HMRC (the VOA’s sponsor department) received a resource budget increase in line with
inflation from 2019/20 to 2020/21.</p><p> </p><p>The Treasury continues to work closely
with the VOA and HMRC to understand the VOA’s resource requirements to deliver its
functions and is committed to ensure that the VOA is appropriately funded.</p>
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