Corporate Tax and Tech companies in the UK

Corporate Tax and Tech companies in the UK

26th October 2018 Photo: Dominik Bartsch Corporate tax and technology companies– still crazy after all these yearsDespite a supposed international clampdown, the top 5 tech companies avoided an estimated £5bn UK tax in last five years For the best part of ten years,...
Opportunities Missed – Autumn Statement 2022

Opportunities Missed – Autumn Statement 2022

Minimal efforts to close the tax gap, despite HMRC producing a return on investment of up to 18:1 with compliance work. DWP to receive an extra £112m a year to tackle fraud, but HMRC only to receive £15m. Once again, the government is prioritising going after benefits...
The best spent money in Whitehall?

The best spent money in Whitehall?

Yesterday HMRC released its 2026 Report & Accounts. This is the annual occasion when it’s the tax authority’s turn to show its financial sums. There’s much to dig into, but here we take a look at how HMRC’s tax compliance function is doing....
Naming and shaming isn’t working

Naming and shaming isn’t working

There are different reasons for not paying due tax: from genuine mistakes to criminal fraud. At the more serious end of the scale is evading tax liabilities on purpose. Deliberately providing HMRC with inaccurate or false information. Deliberately failing to tell them...
A year of drift on offshore secrecy

A year of drift on offshore secrecy

Last week’s Budget underscored the government’s struggles to balance the books without raising taxes or cutting services. Yet one source of lost revenue – offshore tax evasion – remains persistently under-policed and under-discussed. It appeared...