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Jul 7, 2026
Analysis
What if Andy Burnham lowered the mansion tax threshold to £1.5m?
The November 2025 Budget introduced a “mansion tax” – formally, the “high value council tax surcharge” – an annual charge on homes worth £2m or more. The Mail on Sunday has reported that Andy Burnham may lower the threshold to £1.5m. We’ve looked at what that might mean: who would pay, where the properties are, […]
Jul 1, 2026
Analysis
How Andy Burnham could raise £15bn – without a tax rise.
It’s the UK’s biggest and least discussed tax problem. There’s between £30bn and £48bn missing from each year’s small business tax bills. It’s been getting worse – and nobody knows why. There’s no other issue where so much money is at stake but so little time is spent discussing it. It’s almost never mentioned by […]
Jun 26, 2026
Analysis
The Palace’s fake tax transparency — and the Prince of Wales’ real tax problem
The Royal Household has, for the first time, disclosed how much voluntary “tax” the King pays: £12.9m for 2024/25, £11.7m for 2023/24, and a little over £5.4m for the six months of 2022/23 in which he was King. The documents also continue the practice of disclosing the Prince of Wales’ tax: £7.76m for 2024/25, £8.34m […]
Jun 1, 2026
Analysis
Search the Mandelson Government documents
At 2.30pm today, the Government published a series of documents relating to the appointment of Peter Mandelson as His Majesty’s Ambassador to Washington. This is in the form of three PDF files, each with multiple messages, and about 1,500 pages in total. It’s not very easy to navigate through – we’ve created a simple search […]
May 29, 2026
Analysis
The Venables prosecution
As we reported last year, Robert Venables KC is being prosecuted for tax evasion in respect of his own tax planning arrangements. This is the prosecution’s opening note. It includes details of Mr Venables’ tax arrangements, how HMRC started to investigate those arrangements in 2019, and how that became a criminal prosecution. Court blogger Mouse […]
May 28, 2026
Analysis
90 UK taxes. On one chart.
The UK has 90 taxes. This chart shows them all, and this article explains why we have so many. Update 29 May 2026: the Exchequer Secretary to the Treasury responded to this article by pointing out that the Government had just abolished bingo duty, folded diverted profits tax into corporation tax, and ended the pseudo-tax […]
May 14, 2026
Analysis
Why did HMRC not charge Angela Rayner a penalty?
UPDATED 5pm: We have now spoken to Graham Aaronson KC, who advised Angela Rayner. He says that HMRC’s decision is explained by facts not apparent from Sir Laurie Magnus’s report. We have reflected his account below. But Ms Rayner’s team is not releasing the underlying documents, and we cannot accept the word of one party […]
Apr 29, 2026
Analysis
Tax will go up but public services will get worse. This is why.
UK tax as a percentage of GDP is on course to be the highest since 1945. Over the next four years it will increase further. Government spending won’t increase as a percent of GDP over this period; given the ageing population, that means public services for most people are likely to decline. This article looks […]
Apr 7, 2026
Analysis
Inside a fake tax refund factory
Updated 3.45pm on 7 April 2026 with Welcome Accountancy’s legal threat. The internet is full of people promising effortless tax refunds. For many, the business model is simple: invent expenses, file claims at volume, and take a cut. These “refund factories” exploit HMRC’s “process now, check later” systems, operating largely out of sight – but […]
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