As the FT notes this morning: HM Revenue & Customs has lost hundreds of millions of pounds more than previously estimated to an insolvency practice
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Tax cheats could fill Rachel Reeves’ ‘black hole’
People say Rachel Reeves faces a £40bn “black hole” in the UK budget. She is hinting at tax rises — but that gap could be
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Making the wealthy pay is essential to tax justice
The tax gap remains in the news this week. Today, the Public Accounts Committee has published a new report on the issue in which they
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Farage is planning to boost migration into the UK at cost to the poor
Reform has come up with one of the most stupid tax proposals I have ever heard of. As The Guardian summarises it: Reform UK are
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Why is HM Revenue & Customs letting tax cheats run circles around them?
HM Revenue & Customs published their latest tax gap estimates yesterday. These cover the tax year 2023/24. The summary data looks like this and presents
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Do tax havens still matter?
Tax havens – or secrecy jurisdictions – are an abomination on the global economic landscape that should have been consigned to history long ago. This
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Are the wealthy ripping off HM Revenue & Customs?
The National Audit Office (NAO) issued a report yesterday that suggested: HM Revenue & Customs (HMRC) defines wealthy individuals as those earning more than £200,000
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Why doesn’t the UK punish people who break company law?
Why doesn’t the UK government care about the fact that UK company law is not enforced? What is the point of having law that they
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It’s time to be serious about tax evasion
As the House of Commons Public Accounts Committee has reported: HM Revenue & Customs (HMRC) estimates that tax evasion cost the UK £5.5 billion in
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