by Alex Dunnagan | May 12, 2021
• Furlough fraud and error set to cost between £3.5bn and £7bn • 5 known arrests for fraud so far concerning £5m in fraud • No civil penalties have yet been issued for furlough fraud • More investment required to tackle the scale of the problem Furlough fraud and...
by George Turner | Apr 29, 2021
In response to critics that have questioned why HMRC has not done more to bring criminal prosecutions against the enablers and promoters of tax avoidance schemes, the government’s standard response has been to state that “there is no criminal offence of...
by Alex Dunnagan | Apr 29, 2021
On Monday 19 April MPs met to scrutinise the Finance (No. 2) Bill in a committee of the whole house. In the debate, TaxWatch’s research into “super-deductions” featured prominently, as MPs sought to amend the legislation to ensure some companies were excluded from the...
by Alex Dunnagan | Apr 23, 2021
23 April 2021 – Alex Dunnagan This briefing seeks to offer an introductory explainer as to what Free Ports are and what future they have within the United Kingdom. We ask what these special economic zones have to do with Brexit, and look at how Free Ports...
by George Turner | Apr 8, 2021
When we created TaxWatch a little over two years ago, our intention was to build an institution that represented the public interest in tax affairs. The importance of this mission is clear. We are all taxpayers in one way or another. Whether this be the VAT on...
by George Turner | Mar 4, 2021
Coming in at an enormous £12bn for 2021/22, the Chancellor’s announcement of a “super-deduction” on purchases of capital goods by businesses was one of the largest spending items in the Spring Budget. In fact, it was one of the largest single-year tax giveaways ever...
