by Claire Aston | Jan 8, 2024
Misunderstandings and confusing media coverage last week have created uncertainty about how transactions made via online platforms such as Vinted, Ebay and Airbnb should be taxed. Given TaxWatch has long campaigned on issues of tax compliance and administration, we...
by Claire Aston | Nov 22, 2023
Amongst the theatrical showmanship that characterises UK fiscal events TaxWatch pulls out a few of the more interesting announcements made in today’s Autumn Statement. ‘Full expensing’ made permanent – 100% Corporation Tax (CT) relief for plant and machinery...
by Sarah Walton | Aug 9, 2023
The tax treatment of furnished holiday properties appears inappropriately generous and could encourage owners to lock away much needed housing stock to save thousands of pounds in income and capital gains taxes. The regime, dating back to the 1980s is in desperate...
by Alex Dunnagan | Nov 14, 2022
Taxpayer Protection Taskforce set to wrap up despite collecting less than 25% lost to fraud and error in the Coronavirus relief schemes. HMRC estimates that at least £3.3bn in fraud and error will be outstanding at the end of the financial year when the taskforce...
by George Turner | Feb 14, 2022
HMRC’s record on tax fraud has been questioned by two select committees and in several parliamentary debates in recent weeks The last select committee inquiry on Tax Fraud was in 2015 Recent weeks have seen HMRC being put under intense scrutiny on their record on...
by Alex Dunnagan | Jan 17, 2022
Three-quarters of Covid support claimed in fraud and error won’t be collected HMRC has revealed that they expect to recover just 25% of a total £5.8bn paid out due to fraud and error in relation to the coronavirus support schemes. 1HMRC responses to inaccurate claims,...
