Personal taxation

TaxWatch responds to the Chancellor’s Autumn Statement 2023

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.

Holiday let tax rules allow owners to escape thousands of pounds in tax

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.

Funding of Taxpayer Protection Taskforce raises serious issues

The failure of Sunak’s taskforce highlights concerns over how HMRC compliance is funded.

HMRC’s record on covid support and tax fraud under the microscope

HMRC’s record on tax fraud has been questioned by two select committees and in several parliamentary debates in recent weeks

HMRC reveals new estimate for Covid fraud recovery

Three-quarters of Covid support claimed in fraud and error won’t be collected