by Mike Lewis | Oct 26, 2026
Last week it emerged that Number 11 has decided against one of the biggest potential tax changes being considered for the upcoming Autumn Budget. According to sources first reported byThe Times, the Chancellor has decided not to increase the rate of capital gains tax...
by Mike Lewis | Oct 26, 2026
Commentary on the Burnham government’s first budget is likely to be dominated by big-ticket changes to tax policy: broadly speaking, what taxes, and at what rates, should apply to different kinds of income and people. That’s as it should be. Getting the shape of our...
by Jack McConnel | Sep 26, 2026
Read the report A group of websites that aim to bring tax and financial strategies once associated with the ultra-wealthy to a much wider consumer audience is offering advice from named ‘experts’ whose identities TaxWatch has been unable to verify. A TaxWatch...
by Mike Lewis | Jun 26, 2026
The small business tax gap is, on the face of it, the biggest and most urgent problem for UK tax administration. According to HMRC’s figures, an astonishing £36.7 billion of due taxes went unpaid in 2024/25 by small businesses (those with turnovers under £10...
by Mike Lewis | Jun 23, 2026
You might be forgiven for thinking that it was a good news story. Today HMRC released its ‘tax gap’ figures — its detailed estimates of the amount of due taxes that have gone unpaid thanks to error, carelessness, avoidance, evasion and fraud. The tax gap is a...
by Mike Lewis | Apr 30, 2026
Full report Executive summary A UK company which forms part of one of the world’s largest oil trading multinationals, and which handles much of its oil trading business, has since 2009 been paying four-fifths of its operating profits to a related company in the Swiss...