by Claire Aston | Jun 20, 2024
Nearly £40bn of tax revenues go uncollected in 2022-23 – £4bn more than prior year Non-compliance estimated at 4.8% of all tax owed. 2021-22’s percentage has been revised up from 4.8% to 5.2% Major reasons for the jump are: Behaviours: Higher non-payment/tax debt, now...
by Claire Aston | Jun 14, 2024
At the end of the week of the political party manifestos for next month’s UK General Election, the TaxWatch team have been looking through the various pledges concerning tax from a compliance and administration lens and summarise our thoughts below. Labour Party All...
by Claire Aston | Jun 7, 2024
The UK Liberal Democrats have re-issued a pledge to significantly increase the rate of the current UK’s Digital Services Tax (DST) from 2% to 6%, if they were to form part of the next UK Government at the upcoming General Election, intended to boost spending on mental...
by Claire Aston | May 28, 2024
With last week’s announcement of a General Election on 4th July, the TaxWatch team have been looking at tax related pledges coming out of the main UK political parties. The first of note is the Conservative Party’s announcement of a new age-related Personal Allowance...
by Claire Aston | May 23, 2024
With yesterday’s surprise announcement of a UK General Election on 4th July, the current Parliament will be dissolved on Friday 24th May and now the ‘washup’ period begins. This means that bills which are part-way through their Parliamentary scrutiny are either...
