I wrote this for one of the organisations I am associated with yesterday with regard to the Spending Review and thought it worth sharing here:
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Non-doms may not be going. They might just be paying tax
The Guardian reported yesterday that: The number of super-rich people who live in the UK but pay no tax on their offshore income has fallen
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Sajid Javid – the fantasist
According to The Evening Standard, London’ evening paper: In a letter to Sir Jon [Thompson, Hmrc’s boss] Mr Javid said: “HMRC must make no deal
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HMRC has to get its statistics right
The Fair Tax Mark tweeted yesterday: Hmmm🤔 HMRC’s Annual Report just out. Curious how the UK’s official “Tax Gap” stays pretty much flat year-in year-out,
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HMRC underestimate the UK tax gap by £55 billion
I wrote this yesterday about HMRC’s tax gap estimates for this year, which had then not been published: I gather HMRC will be publishing their
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The UK tax gap is £90 billion a year
I gather HMRC will be publishing their latest tax gap figures this week. The last are here. I can make a fairly confident prediction. The
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HMRC’s errors on Scottish tax revenues suit Westminster: don’t expect any corrections any time soon
As The Times reports this morning: Taxpayers in Wales face having extra money taken out of their wages after being incorrectly labelled as Scottish. And
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One in ten UK taxpayers has an offshore bank account
HM Revenue & Customs reported this week that: In 2018, HMRC received information about the offshore financial interests of around 3 million UK resident individuals, or entities
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Automatic information exchange from tax havens works
A story I have told a number of times is how in June 2009 I was told by the UK Treasury that automatic information exchange
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