by Alex Dunnagan | Nov 2, 2021
On Wednesday 27 October, the Chancellor Rishi Sunak unveiled his Autumn Budget 2021. This budget was billed as one looking ahead to the “post-Covid” era, with a lot of focus on growth and the economic outlet. Numerous news outlets have covered the major stories coming...
by Alex Dunnagan | Sep 23, 2021
The deal TaxWatch has written to the Public Accounts Committee (PAC), the National Audit Office, and the Treasury Committee, requesting that inquiries be held into an out of court settlement between HMRC and General Electric (GE). Following a lengthy tax dispute...
by George Turner | Sep 16, 2021
16th September 2021 The Tax Gap Attributable to Fraud was at least £15.2bn in 2019/20 At least 43% of tax losses arise from fraudulent behaviour Executive Summary HMRC’s annual estimate of non-compliance, “the Tax Gap” is regarded by the department as an...
by Alex Dunnagan | Jul 28, 2021
In an order dated 8 July 2021 The Supreme Court has granted permission to HMRC to appeal a decision of the Court of Appeal preventing the tax authority from making allegations of fraud against GE in relation to an ongoing tax dispute. A previous decision from the...
by Alex Dunnagan | May 12, 2021
• Furlough fraud and error set to cost between £3.5bn and £7bn • 5 known arrests for fraud so far concerning £5m in fraud • No civil penalties have yet been issued for furlough fraud • More investment required to tackle the scale of the problem Furlough fraud and...
