Read more about TaxWatch’s work, including reports, analysis and comment pieces.
The government’s Autumn Statement 2023 continues to increase the complexity and administrative burden of the UK R&D regime.
Amongst the theatrical showmanship that characterises UK fiscal events TaxWatch pulls out a few of the more interesting announcements made in today’s Autumn Statement.
The extremely high level of tax relief available to the UK’s oil and gas companies compared to all other businesses has the potential to distort private sector investment, TaxWatch believes.
Two proposals in the draft Finance Bill 2023-24 aimed at tackling promoters of tax avoidance have been welcomed by TaxWatch.
Our latest annual report explores the UK Government’s administration and enforcement of the tax system.
New TaxWatch analysis shows how they appear to use complex tax driven structures to reduce their UK corporation tax.
While it’s great news Labour is focusing on tackling fraud, real success depends on fully-funded public services to take appropriate action in those cases.
The tax treatment of furnished holiday properties appears inappropriately generous and could encourage houses to be locked away to save thousands of pounds in taxes.
The Treasury Select Committee has published a report into tax reliefs which calls for regular reviews and the removal of some.
HMRC’s initial data into R&D tax relief claims shows significant underestimates in previous calculations of fraud and error in the schemes.
The amount of tax lost in the 2021-22 financial year was 4.8% of the total tax owed, the same figure as the previous year.
HMRC must do more to deter and punish tax cheats.