by Alex Dunnagan | Nov 2, 2021
On Wednesday 27 October, the Chancellor Rishi Sunak unveiled his Autumn Budget 2021. This budget was billed as one looking ahead to the “post-Covid” era, with a lot of focus on growth and the economic outlet. Numerous news outlets have covered the major stories coming...
by Alex Dunnagan | Oct 14, 2021
Key facts and figures: £180m paid out in VGTR last year 48% increase in VGTR on the previous year 55 claims for over £500,000 represent 87% of the total value of payments Video Games Tax Relief (VGTR), a form of subsidy to the UK videogames industry, has seen a 48%...
by Alex Dunnagan | Oct 7, 2021
New analysis from TaxWatch reveals how the US Government is set to be the big winner from increases in taxes on big tech arising from the global tax negotiations currently underway under the auspices of the G20/OECD. In our latest research, we have analysed the gains...
by George Turner | Sep 27, 2021
In June 2021 the G7 announced that it had reached an agreement on proposals to change the way that the largest multinational companies are taxed. This included a mechanism to redistribute profits to countries where sales are made (such as the UK), often referred to as...
by Alex Dunnagan | Sep 23, 2021
The deal TaxWatch has written to the Public Accounts Committee (PAC), the National Audit Office, and the Treasury Committee, requesting that inquiries be held into an out of court settlement between HMRC and General Electric (GE). Following a lengthy tax dispute...
by Alex Dunnagan | Sep 23, 2021
TaxWatch research has been published by Transparency International, looking at the UK’s reform of its Controlled Foreign Company (CFC) regime in 2012, which exempted some UK-based multinational companies from anti-tax avoidance rules. The research piece analyses...
