by Claire Aston | Feb 13, 2024
3.8m tax returns outstanding a week before the deadline Taxpayers spent 6 million hours waiting on the phone in 2022-23 And 2 million hours waiting on the phone in first 8 months of 2023-24 22 minutes average wait time for HMRC to answer calls this year £100m+...
by Claire Aston | Jan 8, 2024
Misunderstandings and confusing media coverage last week have created uncertainty about how transactions made via online platforms such as Vinted, Ebay and Airbnb should be taxed. Given TaxWatch has long campaigned on issues of tax compliance and administration, we...
by Claire Aston | Dec 14, 2023
We’ve written for many years about the UK’s stubbornly high tax gap. This is the amount of tax that should have been paid if businesses and individuals had complied with all applicable tax legislation, but hasn’t been. The figure is estimated by HMRC for each tax...
by Claire Aston | Nov 23, 2023
The fiscal event favourite, R&D tax reliefs, produced further conundrums for businesses and advisers and, therefore, HMRC. The government’s Autumn Statement 2023 confirmed the planned changes to the two main R&D tax relief schemes, which will create a...
by Claire Aston | Nov 22, 2023
Amongst the theatrical showmanship that characterises UK fiscal events TaxWatch pulls out a few of the more interesting announcements made in today’s Autumn Statement. ‘Full expensing’ made permanent – 100% Corporation Tax (CT) relief for plant and machinery...
