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...
by Mike Lewis | May 16, 2025
HMRC is recovering more missing tax from wealthy individuals than previously: £5.2 billion in 2023/24. But beneath the headlines: the tax this group is underpaying may be larger than previously thought, and is likely growing, while penalties for their non-compliance...
by Mike Lewis | May 14, 2025
The government wants to step up the fight against enablers of tax abuse (again). New powers and better information can help. But HMRC is barely using some of the powers and penalties it already has. *** Laws that aren’t enforced are simply polite recommendations....
by Simon Watkins | Feb 12, 2025
Tax evasion cost UK taxpayers £5.5bn in 2022-23, with 81% from small businesses – up from 66% in 2019-20 Prosecutions for tax evasion down 54% since 2018-19 Phoenixism cost the exchequer at least £500 million in 2022-23 HMRC lacks a specific strategy for...
by Simon Watkins | Jan 23, 2025
HMRC’s offshore tax gap estimate labelled “implausibly low” Concerns raised about lack of strategy for reducing the tax gap despite additional resources Questions over fall in criminal prosecutions and potential deterrent effect A political scuffle has erupted over...
