by Alex Dunnagan | Jul 26, 2022
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...
by George Turner | Jun 23, 2022
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...
by Alex Dunnagan | May 24, 2022
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,...
by George Turner | Jan 27, 2022
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...
by George Turner | Dec 7, 2021
New analysis shows that the number of users of disguised remuneration schemes has increased dramatically despite government attempts to legislate against the schemes Criminal investigations against promoters remain a rarity, with no successful prosecutions being...
by George Turner | Dec 6, 2021
TaxWatch has launched the first stage of legal proceedings against HMRC over their decision to settle a billion pound tax fraud dispute with GE. On 15th September it was reported that GE had reached a settlement with HMRC over a dispute involving a tax avoidance...
