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Staffing delays could threaten Chancellor’s £15 billion tax revenue plans

Staffing delays could threaten Chancellor’s £15 billion tax revenue plans

by Mike Lewis | Nov 19, 2025

  What is Rachel Reeves’ second-biggest revenue-raising policy so far? As well as being a question for the most niche pub quiz ever, It’s something that would be near-impossible to guess from the public debate in the run up to this year’s Autumn...
Has the Chancellor agreed a $6 billion tax break for US big tech?

Has the Chancellor agreed a $6 billion tax break for US big tech?

by Mike Lewis | Nov 5, 2025

Read full analysis A  tax deal for US multinationals backed by Chancellor Rachel Reeves could potentially hand US companies a $40 billion annual tax break next year, including around $6 billion for US tech giants, according to new analysis from TaxWatch.  The UK...
Over half of £2 billion UK tax break goes to just ten companies, and over a quarter to just one

Over half of £2 billion UK tax break goes to just ten companies, and over a quarter to just one

by Mike Lewis | Oct 17, 2025

A single large pharmaceutical company has received a £3.4 billion tax cut – including £486 million in 2024 alone – from a little-scrutinised tax incentive which is supposed to stimulate innovation and jobs in the UK, even though that company has cut UK...
New TaxWatch briefing tackles three myths about the Digital Services Tax

New TaxWatch briefing tackles three myths about the Digital Services Tax

by Mike Lewis | Sep 11, 2025

Read full briefing As US President Donald Trump prepares to fly into the UK next week for his second state visit, big tech and tax are almost certainly on the agenda. It’s been reported that the bosses of Apple and OpenAI will join Trump’s delegation, and...
Rayner tax error: government must stop dragging its feet on regulating tax advice

Rayner tax error: government must stop dragging its feet on regulating tax advice

by Mike Lewis | Sep 6, 2025

Now that the Ethics Adviser’s report is in on the Rt Hon Angela Rayner’s tax error, one thing is clear: tax advice is complicated. Because the tax system is complicated, and life is complicated. Although there’s no suggestion that the firms in this case...
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