Read more about TaxWatch’s work, including reports, analysis and comment pieces.
Scrapping the UK’s Digital Services Tax is the opposite of a good strategy in the face of a US trade war, when instead it should be reformed to operate better for the British public finances
Government’s Spring Statement hopes compliance and debt collection efforts pay off to recover more tax lost to avoidance
TaxWatch launches new report illustrating the damage that a lack of regulatory oversight causes taxpayers seeking help to comply with their obligations & advocating for urgent widespread reform.
The latest report from the Public Accounts Committee (PAC) paints a concerning picture of tax evasion in the UK retail sector. It highlights significant gaps in enforcement, underestimated scale of evasion, and a worrying decline in prosecutions. The report raises significant concerns about HMRC’s seemingly incurious approach to the scale of tax evasion.
A new report released today shows that HMRC’s costs are rising, but questions their efficiency and approaches to digitisation and compliance.
HMRC levy over £100m of penalties for late filing on 1.1 million individuals many of whom won’t owe any income tax. Such a policy is bad for our tax regime overall and undermines trust, it needs to change.
Rachel Reeves gives ground in replacement for the ‘non-dom’ rules in response to fearmongering ‘research’ claiming exodus of wealthy from the UK
HMRC’s offshore tax gap estimate labelled “implausibly low” and raises concerns raised about lack of strategy for reducing the tax gap and lack of prosecutions
Businesses who overclaimed R&D tax relief invited to disclose and repay with HMRC’s new disclosure facility, although it might not prove as popular as the Government hopes
Public Accounts committee grill HMRC for not having a strategic plan nor reliable estimate for on tax evasion in online retail sector.
Rachel Reeves gives unprecedented new tax discount to a few thousand fund managers worth nearly £500m a year by 2028-29 by moving, rather than closing, the ‘carried interest’ loophole
The Government’s next steps to regulate and improve standards in the UK tax advice market betray the aims and findings of the recent consultation and demonstrate a lack of political will on the issue.