by Dr Pete Sproat | Oct 30, 2023
Two proposals in the draft Finance Bill 2023-24 aimed at tackling “the most persistent and determined promoters of tax avoidance” have been welcomed by TaxWatch. The criminalisation of those who fail to comply with a Stop Notice under the POTAS (promoters of tax...
by Claire Aston | Oct 25, 2023
Our new report “State of Tax Administration 2023” looks at data from HMRC’s Annual Report and Accounts 2022-23, along with Freedom of Information requests and other publicly available data to get a feel for the current state of administration of the UK tax...
by Claire Aston | Jul 20, 2023
£1.13bn – revised estimate of error and fraud in 2020-21 (previously £338m) 24.4% – revised rate of error and fraud in SME scheme (previously 5.5%) £1.05bn – estimated error and fraud in 2022-23 HMRC have finally published initial data from their random enquiry...
by TaxWatch | Jun 21, 2023
Latest HMRC estimate of non-compliance unchanged from previous year, at 4.8% of all tax owed Absolute Tax Gap figure is £35.8bn – up from £30.8bn the previous year Changes to small business corporation tax methodology reveal a significant increase in this tax...
