Private justice, public loss

Private justice, public loss

  A UK company which forms part of one of the world’s largest oil trading multinationals is paying 80 percent of its profits to another part of the multinational in the low-tax Swiss canton of Zug — shrinking its taxable profits in the UK. Our new...
Big corporates: tax heroes or tax sinners?

Big corporates: tax heroes or tax sinners?

Today the National Audit Office (NAO) publishes its first assessment in over a decade of how effectively HMRC is chasing the missing tax revenues of Britain’s biggest companies. TaxWatch was pleased to give evidence to the NAO’s enquiry, whose headline...
Are small businesses tax dodgers or tax victims?

Are small businesses tax dodgers or tax victims?

Parliament’s Business and Trade Committee argues in its latest report, released yesterday, that tax compliance is crushing small businesses. Aside from concerns about tax levels and thresholds (about which there is much more to say, especially regarding VAT and...
MPs ask tough questions about closing the tax gap

MPs ask tough questions about closing the tax gap

  Yesterday (13 January) Parliament’s Treasury Select Committee grilled HMRC’s chief and senior staff about their efforts to tackle tax avoidance, evasion and debt.  MPs referenced TaxWatch research and investigations in questions about corporate tax reliefs,...