by Jack McConnel | Oct 30, 2026
Much of the pre-Budget noise in recent weeks has been about how to tax wealth and the wealthy. In the event, nothing much has changed in terms of tax policy. But snuck out alongside the Budget was a significant new piece of the administrative puzzle: HMRC’s ‘Wealthy...
by Mike Lewis | Jun 26, 2026
The small business tax gap is, on the face of it, the biggest and most urgent problem for UK tax administration. According to HMRC’s figures, an astonishing £36.7 billion of due taxes went unpaid in 2024/25 by small businesses (those with turnovers under £10...
by Mike Lewis | Apr 30, 2026
Full report Executive summary A UK company which forms part of one of the world’s largest oil trading multinationals, and which handles much of its oil trading business, has since 2009 been paying four-fifths of its operating profits to a related company in the Swiss...
by Mike Lewis | Apr 8, 2026
There are different reasons for not paying due tax: from genuine mistakes to criminal fraud. At the more serious end of the scale is evading tax liabilities on purpose. Deliberately providing HMRC with inaccurate or false information. Deliberately failing to tell them...
by Mike Lewis | Feb 12, 2026
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...
