TaxWatch is an investigative think tank shining a forensic light on who pays tax, who doesn’t, and why
Has the Chancellor agreed a $6 billion tax break for US big tech?
A tax deal for US multinationals backed by Chancellor Rachel Reeves could hand US companies a $40 billion annual tax break next year, including some $6 billion for US tech giants, according to new analysis from TaxWatch.
Over half of £2 billion UK tax break goes to just ten companies, and over a quarter to just one
Previously undisclosed figures show that a single large pharmaceutical company has received a £3.4 billion tax cut – including £486 million in 2024 alone – from a little-scrutinised tax incentive supposed to stimulate UK innovation, jobs and manufacturing, even though that company has cut UK jobs and shut down UK factories.
New TaxWatch briefing tackles three myths about the Digital Services Tax
As the US President prepares to fly into the UK with tech bosses in tow, a new briefing from TaxWatch shows that the US government and tech industry representatives have made strongly inaccurate claims about the UK’s Digital Services Tax.
Rayner tax error: government must stop dragging its feet on regulating tax advice
Successive governments have rejected calls for a tax advice regulator and minimum professional standards, which exist in many other countries from Australia to Germany. It’s high time that UK taxpayers got similar protections.