New weapons, same problems?

New weapons, same problems?

New powers against ‘enablers’ – those who design and enable aggressive tax avoidance and evasion – are back on the table once again. But new figures show that existing powers are still not being used.   A report published by the Public Accounts Committee...
Broken offshore promises undermine the UK’s tax system

Broken offshore promises undermine the UK’s tax system

After years of attempts at reform, offshore havens still offer secrecy for those determined to hide money and evade tax. In a week when five of the UK’s Overseas Territories have ignored yet another deadline for functioning ‘beneficial ownership’...
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...