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
Read the full article…
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
Read the full article…
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
Read the full article…
Donald Trump is planning to starve the beast
It’s long been a US Republican dream to get rid of the IRS – the US federal tax authority. Now the goal is within their
Read the full article…
Why is the government obsessed with benefit fraud?
The FT has reported that: Ministers are examining proposals to grant banks access to all of the accounts of benefit claimants. They added: Officials in
Read the full article…
Starving the beast
As the New York Times has reported: The Internal Revenue Service will begin laying off roughly 6,000 employees on Thursday as part of the Trump
Read the full article…
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
Read the full article…
Our tax system needs radical rethinking – not tinkering over costs
Both the FT and the Guardian note criticisms of HM Revenue & Customs raised by the National Audit Office this morning. As the NAO says:
Read the full article…
HMRC’s steady decline continues
As the FT noted a couple of days ago: The number of HM Revenue & Customs investigations into serious tax fraud and avoidance has fallen
Read the full article…

Buy me a coffee!
