TaxWatch is an investigative think tank, dedicated to compliance with and sound administration of tax law
State of Tax Administration 2024: Rising tax debts, falling customer services and misfiring compliance
TaxWatch launches our State of Tax Administration report, analysing HMRC’s performance in 2023-24
New statistics show HMRC’s clampdown on R&D claims beginning to take effect
Latest HMRC figures show the cost of R&D relief claims increasing but in relation to fewer claims being made for 2022-23. This implies HMRC’s compliance changes are discouraging claims that are less likely to be qualifying, especially those of lower value or in particular sectors.
Sweet Deception: £4.4bn tax evasion leaves a sour taste for HMRC
NAO calls out HMRC for not having a strategic plan on tax evasion.
Unveiling the latest Box office smash hit: Creative industry tax relief reach record highs
Record levels of tax relief claimed by the creative industries sector in 2023. The reliefs are now dominated by fewer, extremely large, claims for film and ‘high-end’ TV programmes. TaxWatch questions whether these reliefs offer good value for money given the profitability of expensive productions in light of changes to the Audio Visual Expenditure Credit.
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