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 transparency really matters
The Global Initiative for Fiscal Transparency (GIFT), the International Budget Partnership (IBP) and the University of Sheffield have launched a major new training programme on
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Danger for the wealthy is not danger for the UK
Rachel Reeves may be about to close a major inheritance tax loophole — and the wealthy are calling it “dangerous.” But what’s really dangerous in
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The wealthy have not gone
As the FT has noted this morning: Fears of a massive non-dom exodus from the UK have been allayed by initial tax data, which suggests
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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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The government still insists tax funds government spending – and it doesn’t
There was a fundamental flaw in the first line of the Executive Summary of HM Revenue & Customs’ Transformation Roadmap, published, like many other government
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Wealth series 5: What are the wealthy worth?
Taxing the wealthy sounds easy. But what happens when we don’t actually know what they own or what it’s worth? In this fifth video in
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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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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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