by Claire Aston | Feb 5, 2025
Over 1.1m of UK taxpayers miss the deadline for submitting their self-assessment return deadline for 2023/24 of 31 January 2025 Automatic £100 late filing penalty automatically due, rising to £300 if the return remains outstanding by end of April Penalty is charged...
by Claire Aston | Dec 17, 2024
Sir Jim Harra, outgoing CEO of HMRC, got a tense grilling by the Public Accounts Committee (PAC) yesterday when he admitted that HMRC don’t have a specific strategy or target for tax evasion within the overall tax gap, as found by the National Audit Office which we...
by Simon Watkins | Nov 14, 2024
The Government has summarised responses received to a consultation on raising standards in the tax advice market undertaken by the previous Government. Autumn Statement set out new measures and further consultation. These measures completely ignore the findings from...
by Claire Aston | Oct 30, 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...
by Simon Watkins | Oct 10, 2024
Today TaxWatch publishes our latest State of Tax Administration Report, analysing data from the HM Revenue & Customs (HMRC) Annual Report and Accounts and Freedom of Information requests for the 2023-24 year. The report highlights many of the challenges faced by...
