Big fish, little fish…

Big fish, little fish…

The UK is in a fiscal tight spot. The Chancellor has promised to raise an additional £7.5 billion over the next four years by boosting HMRC compliance efforts. The Autumn Budget is likely to see more measures intended to make this number go up: perhaps extra...
The gap in the Tax Gap

The gap in the Tax Gap

Summary: Quietly buried in HMRC spreadsheets released today is the news that the UK Tax Gap – the gap between tax due and tax collected – seems consistently to be billions of pounds bigger than HMRC previously estimated. New evidence suggests that the...
We need to talk about Corporation Tax

We need to talk about Corporation Tax

Corporation Tax (CT) has been in the headlines again after several candidates in the Conservative Party leadership race promised to cut the rate. Liz Truss has promised to reverse the planned increase to 25 per cent, while Jeremy Hunt and Sajid Javid, set out plans to...