by Alex Dunnagan | Dec 29, 2021
UK Government has announced an extra £510m boost to DWP to fight benefits fraud following the pandemic. This is in addition to £103m already announced in the spending review HMRC spending £155m to tackle covid related fraud TaxWatch estimates the increase in benefits...
by Alex Dunnagan | Dec 1, 2021
The Finance Bill 2021-22 was published earlier in November, legislating for tax changes announced at the Autumn Budget. This briefing focuses on two aspects of the bill, amendments to the Diverted Profits Tax and measures relating to the promotion of tax avoidance...
by Alex Dunnagan | Nov 2, 2021
On Wednesday 27 October, the Chancellor Rishi Sunak unveiled his Autumn Budget 2021. This budget was billed as one looking ahead to the “post-Covid” era, with a lot of focus on growth and the economic outlet. Numerous news outlets have covered the major stories coming...
by Alex Dunnagan | Oct 14, 2021
Key facts and figures: £180m paid out in VGTR last year 48% increase in VGTR on the previous year 55 claims for over £500,000 represent 87% of the total value of payments Video Games Tax Relief (VGTR), a form of subsidy to the UK videogames industry, has seen a 48%...
by Alex Dunnagan | Oct 7, 2021
New analysis from TaxWatch reveals how the US Government is set to be the big winner from increases in taxes on big tech arising from the global tax negotiations currently underway under the auspices of the G20/OECD. In our latest research, we have analysed the gains...