R&D – still changing after all these years

R&D – still changing after all these years

R&D reliefs predicted to cost over £9bn by 2026-27 – by far the largest corporation tax relief Fraud and error in schemes total over £1.1bn in last three years R&D ‘claims farms’ continue to hard sell opportunities to claim refunds on expenditure that often...
Putting a stop to the tax fraud game

Putting a stop to the tax fraud game

27th October 2022 How ‘legal avoidance’ means getting away with tax fraud, and what needs to be done about it A joint policy paper by the All Party Parliamentary Group on Anti-Corruption and Responsible Tax and TaxWatch Introduction Tax avoidance is legal, tax evasion...
“Amazon Tax Cut” features in Parliamentary debate

“Amazon Tax Cut” features in Parliamentary debate

On Monday 19 April MPs met to scrutinise the Finance (No. 2) Bill in a committee of the whole house. In the debate, TaxWatch’s research into “super-deductions” featured prominently, as MPs sought to amend the legislation to ensure some companies were excluded from the...
What gets measured gets done?

What gets measured gets done?

Following the 2008 financial crisis and a series of high profile scandals, the issue of tax avoidance and evasion was brought to the fore of public concern. There has been a concerted effort to tackle this on both a domestic and an international level. HMRC has...