by Mike Lewis | Aug 29, 2025
The UK is in a fiscal tight spot. The Chancellor has promised to raise an additional £7.5 billion over the next four years by boosting HMRC compliance efforts. The Autumn Budget is likely to see more measures intended to make this number go up: perhaps extra...
by Mike Lewis | Aug 7, 2025
Summary: UK ministers last month hailed five of the UK’s Overseas Territories for putting in place searchable registers to reveal who really owns companies in their territory – a key tool against tax evasion, money laundering and other illicit financial activities....
by Mike Lewis | Jun 19, 2025
Summary: Quietly buried in HMRC spreadsheets released today is the news that the UK Tax Gap – the gap between tax due and tax collected – seems consistently to be billions of pounds bigger than HMRC previously estimated. New evidence suggests that the...
by Mike Lewis | Jun 11, 2025
Responding to today’s Comprehensive Spending Review (Wednesday 11 June 2025), TaxWatch Director Mike Lewis said: With the Chancellor’s commitment to paying for day-to-day spending only through tax receipts, shrinking the £40 billion tax gap and £38...
by Mike Lewis | Jun 5, 2025
The UK is weighing the future of its Digital Services Tax (DST), under pressure from US trade threats. From the White House to the tech sector, the DST has been described as a discriminatory ‘tariff’ almost entirely targeting large US internet companies. No-one seems...
