TaxWatch is an investigative think tank, dedicated to compliance with and sound administration of tax law
Donald Trump claims the UK’s Digital Services Tax overwhelmingly targets US tech giants. New data obtained by TaxWatch shows otherwise.
From the White House to the tech sector, the UK’s Digital Services Tax has been described as a discriminatory ‘tariff’ almost entirely targeting large US internet companies. New statistics show that’s not quite true.
“With hindsight, the wrong way to do it”
Why aren’t enablers of tax abuse being penalised? HMRC’s powers to sanction delinquent tax advisers have roadblocks built in, and there are still gaps in naming and shaming.
Glass half full? Are wealthy taxpayers underpaying more tax than we thought
HMRC is recovering more missing tax from wealthy individuals. But beneath the headlines: the tax this group is underpaying may be larger than previously thought, and is likely growing, while penalties for their non-compliance have plummeted.
Back to the drawing board
The government wants to step up the fight against enablers of tax abuse (again). New powers and better information can help. But HMRC is barely using the powers and penalties it already has.
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