by Simon Watkins | Aug 14, 2024
HMRC accounts qualified again due to persistent large scale error and fraud in SME R&D scheme Levels of error and fraud falling, but remain a material issue for HMRC HMRC needs to address compliance without disincentivising legitimate claims Tax Reliefs need to...
by Claire Aston | Jun 14, 2024
At the end of the week of the political party manifestos for next month’s UK General Election, the TaxWatch team have been looking through the various pledges concerning tax from a compliance and administration lens and summarise our thoughts below. Labour Party All...
by Claire Aston | Jun 7, 2024
The UK Liberal Democrats have re-issued a pledge to significantly increase the rate of the current UK’s Digital Services Tax (DST) from 2% to 6%, if they were to form part of the next UK Government at the upcoming General Election, intended to boost spending on mental...
by Claire Aston | May 28, 2024
With last week’s announcement of a General Election on 4th July, the TaxWatch team have been looking at tax related pledges coming out of the main UK political parties. The first of note is the Conservative Party’s announcement of a new age-related Personal Allowance...
by Alex Dunnagan | Mar 14, 2023
R&D reliefs predicted to cost over £9bn by 2026-27 – by far the largest corporation tax relief Fraud and error in schemes total over £1.1bn in last three years R&D ‘claims farms’ continue to hard sell opportunities to claim refunds on expenditure that often...
