by Sarah Walton | Jul 26, 2023
The Treasury Select Committee (TSC) today published a report1 about the complicated world of tax reliefs. Last year TaxWatch provided written evidence to the Committee on this enquiry and in December last year, TaxWatch’s then acting director, Alex Dunnagan, gave oral...
by Claire Aston | Jul 20, 2023
£1.13bn – revised estimate of error and fraud in 2020-21 (previously £338m) 24.4% – revised rate of error and fraud in SME scheme (previously 5.5%) £1.05bn – estimated error and fraud in 2022-23 HMRC have finally published initial data from their random enquiry...
by Alex Dunnagan | May 2, 2023
HMRC must do more to deter and punish tax cheats following disruption to its compliance programme caused by the pandemic, according to a new report by the Public Accounts Committee. It shows HMRC opened 32% fewer cases in 2020-21 than the previous year, after 4,000...
by Alex Dunnagan | Apr 6, 2023
This piece on research and development tax relief was originally published in the R&D Tax Credit Insider newsletter on LinkedIn. What does the money achieve? R&D tax relief is an important government policy intended to incentivise businesses to incur...
by Alex Dunnagan | Mar 15, 2023
Nothing for HMRC compliance despite huge returns on investment Increases in sentencing for tax fraud and potential new tax offence– only useful if HMRC successfully prosecutes Tax to be simplified – we’re still not sure exactly how R&D reformed yet again Generous...
