by Alex Dunnagan | Jul 26, 2022
Corporation Tax (CT) has been in the headlines again after several candidates in the Conservative Party leadership race promised to cut the rate. Liz Truss has promised to reverse the planned increase to 25 per cent, while Jeremy Hunt and Sajid Javid, set out plans to...
by Alex Dunnagan | Jun 27, 2022
HMRC’s Tax Gap has increased for the second year in a row on a like-for-like basis. The latest HMRC estimates of non-compliance are £32bn for 2020-2021, or 5.1% of total tax revenues. This is the same gap as a percentage as seen in last year’s publication...
by Alex Dunnagan | Jun 20, 2022
Online marketplace Etsy paid just £128,000 in UK Corporation Tax in 2020, whilst booking huge amounts of UK revenue in Ireland, new research from TaxWatch has found. As traditional bricks and mortar shops were hit by successive lockdowns as a result of the pandemic,...
by Alex Dunnagan | May 24, 2022
The Centre for International Corporate Tax Accountability and Research (CICTAR) has today published its latest report looking at Amazon,1Amazon Tax Report, CICTAR, 24 May 2022, www.cictar.org/Amazon-Tax revealing the growth and scale of Amazon’s government contracts,...
by Alex Dunnagan | May 9, 2022
Rockstar Games has revealed that they claimed £68.4m in Video Games Tax Relief (VGTR) in 2020-2021, equivalent to 38% of the entire amount of VGTR paid out that year. The amount Rockstar are claiming is rising every year, taking the total the US-owned company has...