by George Turner | Oct 28, 2018
A new report released today by TaxWatch, finds that profit shifting by just five tech companies could be costing the UK up to £1bn a year in lost revenues. The data, which is being released the day before the Chancellor gives his budget on Monday, shows that despite a...
by Alex Dunnagan | Nov 17, 2022
Minimal efforts to close the tax gap, despite HMRC producing a return on investment of up to 18:1 with compliance work. DWP to receive an extra £112m a year to tackle fraud, but HMRC only to receive £15m. Once again, the government is prioritising going after benefits...
by Claire Aston | Jan 7, 2025
Error and fraud within R&D tax relief reached £1.1bn in 2020-21 (24% of all claims) before HMRC took action to stem the losses and tighten up the claims processes. New disclosure facility launched for businesses who overclaimed R&D relief wanting to set their...
by Claire Aston | Feb 21, 2024
It’s good to see national newspapers showing an interest in HMRC performance data and raising important issues about properly funding our tax authority. However, a recent article in The Guardian about trends in case numbers opened by a niche HMRC team requires a bit...
