Private justice, public loss

Private justice, public loss

Full report Executive summary A UK company which forms part of one of the world’s largest oil trading multinationals, and which handles much of its oil trading business, has since 2009 been paying four-fifths of its operating profits to a related company in the Swiss...
Recognising the right tax heroes

Recognising the right tax heroes

On Saturday the Sunday Times published its annual ‘Tax List’ – the celebratory counterpart to its better known ‘Rich List’, claiming to list the people that are the country’s top individual taxpayers. As in previous years, the list has fueled claims that millionaires...
MPs ask tough questions about closing the tax gap

MPs ask tough questions about closing the tax gap

  Yesterday (13 January) Parliament’s Treasury Select Committee grilled HMRC’s chief and senior staff about their efforts to tackle tax avoidance, evasion and debt.  MPs referenced TaxWatch research and investigations in questions about corporate tax reliefs,...
A year of drift on offshore secrecy

A year of drift on offshore secrecy

Last week’s Budget underscored the government’s struggles to balance the books without raising taxes or cutting services. Yet one source of lost revenue – offshore tax evasion – remains persistently under-policed and under-discussed. It appeared...