by Claire Aston | May 15, 2024
Multiple delays to the publication of the offshore tax gap statistics, now a full year late TaxWatch had to use FOI powers to discover that the new date for this work is now June 2024 (gov.uk still shows Autumn 2023) Data on which this will be based is from CRS...
by Claire Aston | Apr 25, 2024
TaxWatch published an article in Taxation magazine last week about the launch of the Funding the Nation report by ARC, the union for senior staff within HMRC. The report identifies changes required to turn HMRC into a world class tax authority after years of...
by Claire Aston | Mar 14, 2024
Budget provided extra £500m in tax relief for TV and film industry New rules create more compliance risks Questions around the schemes’ value for money At TaxWatch, we’ve often written on issues which arise from the granting of generous tax reliefs to particular...
by Claire Aston | Mar 14, 2024
TaxWatch notes with interest the launch of a Government consultation to strengthen regulations in the tax advice sector, with an alarming 25% of tax liabilities being non-compliant for businesses within self-assessment. Given the 30-month hiatus since the outcome of...
by Claire Aston | Mar 6, 2024
Responding to today’s Spring Budget 2024, the TaxWatch team focuses its thoughts on a few areas it found particularly interesting, from a tax compliance and administration standpoint. Furnished Holiday Lettings (FHL) As speculated in recent days, the Chancellor...