TaxWatch is an investigative think tank, dedicated to compliance with and sound administration of tax law
Declaring an interest – why HMRC’s hike in charges on late paid tax is so concerning
Autumn Budget increases interest charge on late paid tax debt, exacerbating problems with those struggling to pay. Interest seems to be used to raise revenue and drive compliance, a concerning development.
TaxWatch’s initial reaction to Autumn Budget 2024
Rachel Reeves’ first Autumn Budget makes for a mixed bag of delivering a fairer tax system whilst raising government revenue
New statistics show £300m lost to offshore tax gap on over 7million accounts held overseas likely to be gross underestimate
HMRC’s first estimate of the offshore tax gap for 2018, seems a wild underestimate at just £300 million based on questionable methodological choices.
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