by Claire Aston | Jan 7, 2025
Error and fraud within R&D tax relief reached £1.1bn in 2020-21 (24% of all claims) before HMRC took action to stem the losses and tighten up the claims processes. New disclosure facility launched for businesses who overclaimed R&D relief wanting to set their...
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...
by Simon Watkins | Oct 10, 2024
10th October 2024 Download the report as a PDF (0.6Mb) Introduction HM Revenue and Customs (HMRC) is at the heart of the UK’s financial stability. As the Government department responsible for administering the tax regime and collecting revenues due to the...
by Alex Dunnagan | May 2, 2023
HMRC must do more to deter and punish tax cheats following disruption to its compliance programme caused by the pandemic, according to a new report by the Public Accounts Committee. It shows HMRC opened 32% fewer cases in 2020-21 than the previous year, after 4,000...
by Alex Dunnagan | Nov 17, 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...
