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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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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