by Claire Aston | Oct 16, 2023
16th October 2023 £60.5bn estimated UK revenues £14.8bn estimated UK profits £2.8bn estimated corporation tax @ 19% £753m estimated UK corporation tax and digital services tax paid £2.0bn estimated UK tax avoided Introduction TaxWatch’s analysis of seven large...
by Sarah Walton | Aug 9, 2023
9th August 2023 • Income and capital gains on holiday let properties taxed less than those for ordinary rented properties • TaxWatch analysis shows owners can pay thousands of pounds per year less in income tax, and tens of thousands less in capital gains tax • Regime...
by Alex Dunnagan | Mar 14, 2023
14th March 2023 R&D reliefs predicted to cost over £9bn by 2026-27 – by far the largest corporation tax relief Fraud and error in schemes total over £1.1bn in last three years R&D ‘claims farms’ continue to hard sell opportunities to claim refunds on...
by Alex Dunnagan | Oct 27, 2022
27th October 2022 How ‘legal avoidance’ means getting away with tax fraud, and what needs to be done about it A joint policy paper by the All Party Parliamentary Group on Anti-Corruption and Responsible Tax and TaxWatch Introduction Tax avoidance is legal, tax evasion...
by George Turner | Jun 20, 2022
20th June 2022 Etsy says that it is a company “committed to using the power of business and technology to strengthen communities and empower people around the world”. 1Prioritizing the people at the center of commerce, Etsy, https://advocacy.etsy.com/about/ But...
by Alex Dunnagan | Feb 11, 2022
11th February 2022 Introduction This is the first of what is to become an annual TaxWatch report on the state of tax administration in the UK. Her Majesty’s Revenue and Customs carry out a vital role in administering and enforcing the tax system, and with...