by Mike Lewis | Nov 5, 2025
Read full analysis A tax deal for US multinationals backed by Chancellor Rachel Reeves could potentially hand US companies a $40 billion annual tax break next year, including around $6 billion for US tech giants, according to new analysis from TaxWatch. The UK...
by Mike Lewis | Aug 29, 2025
The UK is in a fiscal tight spot. The Chancellor has promised to raise an additional £7.5 billion over the next four years by boosting HMRC compliance efforts. The Autumn Budget is likely to see more measures intended to make this number go up: perhaps extra...
by Chris White | Jul 18, 2025
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...
by Chris White | Jul 4, 2025
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’...
by Mike Lewis | Jun 19, 2025
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...