Opinion: UK govt will soon learn that the tax truth hurts

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings
Direct Tax

Opinion: UK govt will soon learn that the tax truth hurts

Tom Baker
October 09 2024
Rachel_Reeves_and_Keir_Starmer.jpg
Left: UK Chancellor Rachel Reeves, Right: UK Prime Minister Keir Starmer | JESSICA TAYLOR

The Labour Party’s hands-off approach to tax during the UK election campaign could be construed as political savviness, but as the October budget looms, reality will settle in

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

OpinionDirect TaxUnited Kingdom
Tom Baker B&W.jpg
Tom Baker
Editor ITR
Contact
Tom is editor of ITR. He joined the team in October 2023 after stints as a legal journalist and a content professional at an international law firm.
more across site & shared bottom lb ros

More from across our site

Rankings analysis
2026 ITR rankings release APAC EMEA
World Tax Rankings 2026: DLA Piper, Deloitte dominate EMEA promotions
As World Tax unveils its much-anticipated rankings for 2026, we focus on EMEA’s top performers in the first of three regional analyses
Tom Baker, October 20 2025
Direct Tax
Newspapers
A taxing week: Why tax is now front-page news
Firms are spending serious money to expand their tax advisory practices internationally – this proves that the tax practice is no mere sideshow
Tom Baker, October 17 2025
Direct Tax
OECD
This week in tax: OECD aiming for US side-by-side pillar two agreement this year
The controversial deal would ‘preserve the gains achieved under pillar two’, the OECD said; in other news, HMRC outlined its approach to dealing with ‘harmful’ tax advisers
Sam Sholli, October 17 2025
Direct Tax
Stuttgart, Germany - 06-19-2022: Cellphone with logo of American consulting company Alvarez and Marsal LLC on screen in front of website. Focus on center-right of phone display.
A&M launches in Japan with three ex-‘big four’ tax hires
Former EY and Deloitte tax specialists will staff the new operation, which provides the firm with new offices in Tokyo and Osaka
Sam Sholli, October 16 2025
Transfer Pricing
West
TP challenges in West and Central Africa
TP is a growing priority for West and Central African tax authorities, writes Winnie Maliko, but enforcement remains inconsistent, and data limitations persist
Winnie Maliko, October 16 2025
Direct Tax
hmrc.jpg
HMRC launches expert panel to better R&D tax relief system
The UK tax agency has appointed six independent industry specialists to the panel
Sam Sholli, October 15 2025
Direct Tax
London
White & Case poaches Paul Hastings tax duo in London
The two tax partners have significant experience and expertise in transactional and tax structuring matters
Sam Sholli, October 15 2025
Direct Tax
JamesAndersenPillar2.JPG
Skadden ‘reimagining the UK tax department’ with Goodwin Procter hire
Katie Leah’s arrival marks a significant step in Skadden’s ambition to build a specialised, 10-partner London tax team by 2030, the firm’s European tax head tells ITR
Tom Baker, October 15 2025
Direct Tax
Tom Shave.jpg
Becoming 'the firm of choice': Ryan president on Dhruva investment
Increasingly, clients are looking for different advisers to the established players, Ryan’s president for European and Asia Pacific operations tells ITR
Sam Sholli, October 14 2025
Direct Tax
luxembourg-1164656.jpg
Luxembourg investment carve-out brings clarity to the market, advisers say
Using tax to enhance its standing as a funds location is behind Luxembourg’s measures aimed at clarifying ATAD 2 and making its carried interest regime more attractive
Ralph Cunningham, October 13 2025
Gift this article