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...
State of Tax Administration 2025

State of Tax Administration 2025

Full report HMRC is under pressure. Generational demands on key areas of public spending from defence to social care to special educational needs; a Treasury adhering to strict fiscal rules on borrowing; and a government struggling to minimize breaches of its...
A blank cheque?

A blank cheque?

Estimating the impact of exempting US-headed groups from Pillar 2 taxes Full report On 28 June 2025, the UK Chancellor and other finance ministers from the G7 group of countries (Canada, France, Germany, Italy, Japan, the UK and the US) unilaterally announced that in...