We need to talk about Corporation Tax

We need to talk about Corporation Tax

Corporation Tax (CT) has been in the headlines again after several candidates in the Conservative Party leadership race promised to cut the rate. Liz Truss has promised to reverse the planned increase to 25 per cent, while Jeremy Hunt and Sajid Javid, set out plans to...
HMRC’s Tax Gap 2022 Edition – TaxWatch Briefing

HMRC’s Tax Gap 2022 Edition – TaxWatch Briefing

HMRC’s Tax Gap increases for 2nd year in a row on like-for-like basis Latest HMRC estimate of non-compliance £32bn, or 5.1% of total tax revenues – the same gap as a percentage in 2021. This year’s figure includes a £0.7bn revision downwards to compensate for lower...
Amazon – Public money but no public scrutiny

Amazon – Public money but no public scrutiny

The Centre for International Corporate Tax Accountability and Research (CICTAR) has today published its latest report looking at Amazon,1Amazon Tax Report, CICTAR, 24 May 2022, www.cictar.org/Amazon-Tax revealing the growth and scale of Amazon’s government contracts,...
TaxWatch launches complaint against “Mr Red”

TaxWatch launches complaint against “Mr Red”

TaxWatch has submitted a complaint to the Tax Disciplinary Panel about the conduct of an individual identified as “Mr Red” in the case of Murray Group Holdings vs HMRC. TaxWatch believes that it has managed to uncover the identity of Mr Red, who continues to practice...