Curiously incurious: HMRC’s failures on tax evasion

Curiously incurious: HMRC’s failures on tax evasion

Tax evasion cost UK taxpayers £5.5bn in 2022-23, with 81% from small businesses – up from 66% in 2019-20 Prosecutions for tax evasion down 54% since 2018-19 Phoenixism cost the exchequer at least £500 million in 2022-23 HMRC lacks a specific strategy for...
TaxWatch’s initial reaction to Autumn Budget 2024

TaxWatch’s initial reaction to Autumn Budget 2024

Photo credit: HM Treasury The hype is over at last, but the package of Budget measures is quite a mixed bag! TaxWatch welcomes the targeting of reliefs for inheritance tax and phasing out of business asset disposal relief for CGT, as these were both poorly targeted...