by George Turner | Mar 10, 2020
The new chancellor, Rishi Sunak, has had a busy month. Thrust into the hot seat as the government prepared to present its first budget since October 2018, one of the first items to hit his desk, a global pandemic. Although the world’s attention is rightly focused on...
by George Turner | Mar 2, 2020
On February 25th an opposition day motion gave MPs an opportunity to debate the issue of tax avoidance and evasion. Our research into the work of digital tech companies featured prominently in the debate. Opening the debate for the Opposition, Shadow Chancellor John...
by George Turner | Feb 10, 2020
The top five tech companies operating in the UK managed to generate profits estimated at £8.1bn from UK customers in 2018, a new analysis by TaxWatch shows. However, due to these companies implementing complex financial structures to take these profits offshore, these...
by Alex Dunnagan | Feb 4, 2020
An adjournment debate on Netflix’s tax affairs was held in the House of Commons last night in response to research conducted by TaxWatch. Rt Hon Dame Margaret Hodge, Labour MP for Barking and chair of the All Party Parliamentary Group on Responsible Tax, called...
by George Turner | Feb 3, 2020
Netflix’s latest earnings report, published on 21 January, showed that 2019 was another bumper year for the company. Revenue in the 4th quarter was up 31% on the previous year, with the company clocking up $20bn in revenues worldwide over the course of the year....
by George Turner | Jan 28, 2020
The Sunday Times published their second annual tax list over the weekend. The list, which uses publicly available data to showcase the “individuals and families who contribute most to the public purse” is pitched as a celebration of the contribution that the wealthy...