HMRC publishes its latest Tax Gap – TaxWatch analysis

HMRC publishes its latest Tax Gap – TaxWatch analysis

HMRC’s Tax Gap has increased for the second year in a row on a like-for-like basis. The latest HMRC estimates of non-compliance are £32bn for 2020-2021, or 5.1% of total tax revenues. This is the same gap as a percentage as seen in last year’s publication...
Committing to a world of good? Etsy’s tax affairs

Committing to a world of good? Etsy’s tax affairs

Online marketplace Etsy paid just £128,000 in UK Corporation Tax in 2020, whilst booking huge amounts of UK revenue in Ireland, new research from TaxWatch has found. As traditional bricks and mortar shops were hit by successive lockdowns as a result of the pandemic,...