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A think tank dedicated to improving tax policy and the public understanding of tax.
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Despite the Government’s stated commitment to growth, the Budget included no pro-growth tax reform, and its largest revenue raising measure is likely to reduce private sector employment and wages. The Budget continued a sad trend …
Between 2018 and 2022, almost 660,000 people on low incomes received a penalty for not filing a tax return on time. Very few of them earned enough to pay any tax. But, by failing to …
HMRC is alleging Mr Venables evaded nine years’ tax in his personal tax returns. Tax evasion (technically “cheating the revenue”) is a criminal offence. Tax avoidance is not. The key difference is that tax evasion …