As almost all of the media report, former Formula 1 impresario Bernie Ecclestone pleaded guilty to tax fraud yesterday. He won’t go to prison: the
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Increasing the corporation tax rate for the UK’s largest companies could raise £7 billion a year in tax
I have this morning published the next in my series of proposals that will make up the Taxing Wealth Report 2024. In this latest note,
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Automatic information exchange works
Over many years, I argued for automatic information exchange of data from tax havens to authorities like HM Revenue & Customs. This means that the
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Reforming the administration of corporation tax in the UK might raise at least £6 billion of tax a year
I have this morning published the next in my series of proposals that will together make up the Taxing Wealth Report 2024. In this note, I suggest that
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The Taxing Wealth Report 2024: the UK needs better estimation of its tax gap to prevent the illicit accumulation of wealth
I have this morning published the next note in the Taxing Wealth Report 2024 series. In it, I suggest that it is essential that the UK
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Launching the Taxing Wealth Report 2024
I have this morning begun publishing the Taxing Wealth Report 2024: This introduction says: Brief summary This note summarises the issues that the Taxing Wealth
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The case for investment in HMRC is overwhelming
The Institute of Chartered Accountants in England and Wales published an article this week in which they noted: Since 10 July 2023, an HMRC taskforce
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HMRC have marked their own homework on the tax gap again and have awarded themselves a nice mark, as usual
Yesterday was HMRC tax gap day – which is the day when they admit how much tax they did not collect, in their estimation. My standard joke
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HMRC dissembled (at best) when proposing Making Tax Digital, as I exposed in 2017. Now it is time to end this fiasco.
As the FT noted yesterday: HM Revenue & Customs omitted key figures from its business case about how much its Making Tax Digital programme will
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