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Paul Monaghan

@paulmonaghan.bsky.social
493 followers 223 following 336 posts

Agitator for #Taxjustice #SocEnt #ESG & Wigan Athletic. Science loving atheist. Author #LobbyingForGood. Opinions in personal capacity

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Paul Monaghan @paulmonaghan.bsky.social · 3h
Crazy how wildflowers still flourishing as about to enter October.
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Paul Monaghan @paulmonaghan.bsky.social · 21h
So, we are now possibly looking at criminal conduct. Allegations of falsifying accounts; providing false statements to the company registrar; providing misleading statements to auditors. Big question as to whether the owners pass the 'fit and proper' test? www.ft.com/content/8d7f...
ft.com
Man City found to have artificially boosted finances by more than £900mn
Independent commission said Premier League football club arranged ‘sham’ commercial deals to disguise sources of funding
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Paul Monaghan @paulmonaghan.bsky.social · 29/09/2026
No country or thier investment funds should own a football club. End of. www.theguardian.com/football/202...
theguardian.com
Scale of City’s punishment is the only story but Premier League must bear some responsibility | Barney Ronay
Manchester City have come out fighting against the guilty verdict but the Premier League faces questions of its own
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Paul Monaghan @paulmonaghan.bsky.social · 28/09/2026
Insane that newly listed giants of the size of SpaceX and Anthropic would be given a free pass from audits on financial internal controls for five years If anyone is the next Enron its SpaceX! www.ft.com/content/2ef0...
ft.com
The post-Enron auditor reforms are being rolled back
Regulators plan to further limit audit requirement imposed under Sarbanes-Oxley Act
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Paul Monaghan @paulmonaghan.bsky.social · 27/09/2026
Sheeeeet. Badly mistimed yesterday's pennine hike. Thank flip it was a full moon :)
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Paul Monaghan @paulmonaghan.bsky.social · 12/09/2026
I'm glass half full bloke. But things like this really do indicate that large portions of the UK's political class are weak-kneed and / or incapable of mastering detail. Well done every MP who stood tall for the right to choose. www.theguardian.com/society/2026...
theguardian.com
MPs vote against legalising assisted dying in England and Wales
Bill’s failure in Commons sparks anger among its supporters after Lords blocked earlier legislation
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Paul Monaghan @paulmonaghan.bsky.social · 11/09/2026
Cracking summary of how: a) tourism taxes don't dissuade visitors; b) raise vital funds locally; c) can be designed to uplift tourism www.theguardian.com/business/202...
theguardian.com
The hospitality industry fears a tourist tax will deter visitors – the evidence says otherwise
Studies from hotspots across Europe that have introduced levies suggest they have no impact on visitor numbers
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Paul Monaghan @paulmonaghan.bsky.social · 11/09/2026
A 5% per night tourism levy is more than fair. Visitors *should* contribute to the maintenance of local services they use when on tour. These are standard across Europe and no-one bats an eye. www.theguardian.com/business/202...
theguardian.com
Ministers face backlash from hospitality industry over ‘tourist tax’ plans
Many mayors welcome power to impose tourist tax but industry warns of ‘irreparable harm’ and job losses
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Paul Monaghan @paulmonaghan.bsky.social · 03/09/2026
Delighted to say that @fairtaxfoundation.bsky.social has been shortlisted for the International Impact Award at the UK Social Enterprise Awards 2026. Win or lose, it will be great to catch up and share a drink with some truly wonderful social entrepreneurs www.socialenterprise.org.uk/uk-social-en...
socialenterprise.org.uk
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Paul Monaghan @paulmonaghan.bsky.social · 03/09/2026
Delighted to say that @fairtaxfoundation.bsky.social has been shortlisted for the International Impact Award at the UK Social Enterprise Awards 2026. Win or lose, it will be great to catch up and share a drink with some truly wonderful social entrepreneurs www.socialenterprise.org.uk/uk-social-en...
socialenterprise.org.uk
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Paul Monaghan @paulmonaghan.bsky.social · 02/09/2026
A big UK development to help curtail business rates tax avoidance based on 'box-shifting'. But there are still other scams out there: ranging from snail farms to fake places of worship. Is the answer to introduce a General Anti-Avoidance Rule (GAAR)? www.theguardian.com/business/202...
theguardian.com
The London office, the empty boxes and the £1bn tax loophole
Exclusive: How a court case over an unoccupied office block could end a widely used tax avoidance scheme
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Paul Monaghan @paulmonaghan.bsky.social · 28/08/2026
Nice win for HMRC against an Isle of Man HQed luxury property developer who argued that profits derived from the sale of property in the UK should be taxed in Isle of Man (@ 0%) not UK (@ 25%). United Kingdom Upper Tribunal told KDL / Dandara to get real iclg.com/news/hmrc-de...
iclg.com
HMRC defeats £1 billion Isle of Man property tax challenge | ICLG
The Upper Tribunal has ruled that an Isle of Man developer’s profits derived in England were taxable in the UK.
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Paul Monaghan @paulmonaghan.bsky.social · 02/09/2026
A big UK development to help curtail business rates tax avoidance based on 'box-shifting'. But there are still other scams out there: ranging from snail farms to fake places of worship. Is the answer to introduce a General Anti-Avoidance Rule (GAAR)? www.theguardian.com/business/202...
theguardian.com
The London office, the empty boxes and the £1bn tax loophole
Exclusive: How a court case over an unoccupied office block could end a widely used tax avoidance scheme
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Paul Monaghan @paulmonaghan.bsky.social · 28/08/2026
Money raised by CGTs almost doubles, to £24.2bn. CGT on crypto detailed for the first time. Accounted for £1.38bn - which says to me that there are still lots of undeclared gains out there. Men accounted for 93% of crypto gains reported to HMRC! www.ft.com/content/8173...
ft.com
HMRC reports record capital gains tax haul after Reeves’ rate rise
Data shows £24.2bn in receipts for the 2024/25 tax year, an 89% increase on previous year
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Paul Monaghan @paulmonaghan.bsky.social · 28/08/2026
Money raised by CGTs almost doubles, to £24.2bn. CGT on crypto detailed for the first time. Accounted for £1.38bn - which says to me that there are still lots of undeclared gains out there. Men accounted for 93% of crypto gains reported to HMRC! www.ft.com/content/8173...
ft.com
HMRC reports record capital gains tax haul after Reeves’ rate rise
Data shows £24.2bn in receipts for the 2024/25 tax year, an 89% increase on previous year
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Paul Monaghan @paulmonaghan.bsky.social · 28/08/2026
Nice win for HMRC against an Isle of Man HQed luxury property developer who argued that profits derived from the sale of property in the UK should be taxed in Isle of Man (@ 0%) not UK (@ 25%). United Kingdom Upper Tribunal told KDL / Dandara to get real iclg.com/news/hmrc-de...
iclg.com
HMRC defeats £1 billion Isle of Man property tax challenge | ICLG
The Upper Tribunal has ruled that an Isle of Man developer’s profits derived in England were taxable in the UK.
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Paul Monaghan @paulmonaghan.bsky.social · 27/08/2026
Great analysis by @nilspratley.bsky.social of Shein's cut-price listing in Hong Kong. It's business model always had tax swerving at its core (small shipments dodging the customs duty de minimis regime). But the US & EU have wised up & reacted, as will the UK soon www.theguardian.com/business/nil...
theguardian.com
The London stock market dodged a bullet with Shein | Nils Pratley
China’s fashion giant will list in Hong Kong with a shrunken price tag – and big questions over its business model
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Paul Monaghan @paulmonaghan.bsky.social · 25/08/2026
The heather around Littleborough is looking glorious - with the meadow pipits and swallows gorging bigtime on all the gathered insects :)
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Paul Monaghan @paulmonaghan.bsky.social · 24/08/2026
Have been saying it for years and will keep saying it until the situation is rectified. The scale of tax dodging out there in the UK among small business is colossal. And I don't believe that we've come close to discovering the bottom of the pit yet. www.theguardian.com/business/202...
theguardian.com
Up to £464m ‘moved through more than 3,000 UK high street shell companies’
Research shows firms are branded as beauty and convenience but apparently operate in money-laundering and terrorist financing sectors
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Paul Monaghan @paulmonaghan.bsky.social · 24/08/2026
Have been saying it for years and will keep saying it until the situation is rectified. The scale of tax dodging out there in the UK among small business is colossal. And I don't believe that we've come close to discovering the bottom of the pit yet. www.theguardian.com/business/202...
theguardian.com
Up to £464m ‘moved through more than 3,000 UK high street shell companies’
Research shows firms are branded as beauty and convenience but apparently operate in money-laundering and terrorist financing sectors
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Paul Monaghan @paulmonaghan.bsky.social · 24/08/2026
Absolutely insane how Apple still getting away with booking the majority of their global revenue in Ireland (very much still a tax haven). Newly implemented EU tax transparency laws mean that we can see that a crazy $213.5bn income booked there last year. www.ft.com/content/65fb...
ft.com
Apple paid $17bn in taxes to Ireland after court ruling on back levies
New filings highlight iPhone maker’s global tax liabilities
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Paul Monaghan @paulmonaghan.bsky.social · 23/08/2026
If ya think the weather has been mad the last few years wait until see next 12mths. Make sure housing storm insurance in place and maybe don't bother chasing the sun next year if live in the UK. www.theguardian.com/environment/...
theguardian.com
Biggest El Niño for a century forecast to bring UK more autumn rain and storms
‘Unprecedented’ weather pattern over Pacific Ocean to be felt worldwide, with severe droughts expected in some areas
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Paul Monaghan @paulmonaghan.bsky.social · 19/08/2026
It's insane that a company of the size & influence of Tether does not have to make publicly available an annual report & accounts AND is allowed to sit outside the information sharing that tax authorities across the world undertake. Disaster in the making www.icij.org/investigatio...
icij.org
Tether: a $200 billion crypto company you can’t look inside
Its USDT crypto token underpins a trillion-dollar market, but cryptocurrency giant Tether won’t answer questions about its ownership.
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Paul Monaghan @paulmonaghan.bsky.social · 12/08/2026
"If we allow in-your-face tax avoidance to brazenly thrive on our high streets, then we endanger the tax morale of the entire country." My Op-ed for Comment Central on UK high-street tax avoidance commentcentral.co.uk/small-busine...
commentcentral.co.uk
Small business tax avoidance is growing – and it endangers the tax morale of the entire country
On 30 June, I gave evidence to the Treasury Select Committee on tax and duty non-compliance on high streets. The Committee was, rightly, concerned. So am I —...
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Paul Monaghan @paulmonaghan.bsky.social · 18/08/2026
It really does feel like UK Government / HMRC are (finally) taking serious the enormous amount of tax avoidance / evasion that is widespread amongst small business: which hurts law-abiding entrepreneurs big time. They need to do even more. But good step up. www.birminghammail.co.uk/news/cost-of...
birminghammail.co.uk
HMRC confirms new crackdown 'blitz' with 30,000 already in their sights
Government’s tax arm is urging the public to snitch on firms breaking the law.
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Paul Monaghan @paulmonaghan.bsky.social · 12/08/2026
"If we allow in-your-face tax avoidance to brazenly thrive on our high streets, then we endanger the tax morale of the entire country." My Op-ed for Comment Central on UK high-street tax avoidance commentcentral.co.uk/small-busine...
commentcentral.co.uk
Small business tax avoidance is growing – and it endangers the tax morale of the entire country
On 30 June, I gave evidence to the Treasury Select Committee on tax and duty non-compliance on high streets. The Committee was, rightly, concerned. So am I —...
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Paul Monaghan @paulmonaghan.bsky.social · 10/08/2026
More fab work by @londoncentric.media on the ongoing insanity of corporate phoenixing across the UK. Here we have organised crime expanding their tentacles from London into Edinburgh [likely peeing themselves with laughter at how poorly policed this area is] www.londoncentric.media/p/edinburgh-...
londoncentric.media
On the trail of a London gift shop owner
Plus: "Vertical drinking" politics • Robocop comes to Greggs • Robotaxis controlled by humans • London's festivals-in-parks mess
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Paul Monaghan @paulmonaghan.bsky.social · 10/08/2026
How the flip does it cost £85,000 to paint over a small mural?! www.theguardian.com/artanddesign...
theguardian.com
Three Banksy artworks in London have cost taxpayers nearly £150,000
Costs of security and removal efforts have reignited debate over whether work is vandalism or valuable public art
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Paul Monaghan @paulmonaghan.bsky.social · 05/08/2026
A big 'nice one' to Ashwani Kumar, who has won an employment tribunal claim after being dismissed for his ‘refusal to work on a cash in-hand basis’ and for insisting 'on having tax and national insurance being deducted and paid to the correct authorities’ www.accountancydaily.co/papa-johns-m...
accountancydaily.co
Papa John’s manager who ‘insisted’ on paying tax wins tribunal
Former pizza takeaway manager wins employment tribunal after refusing cash in hand payments, demanding tax deductions and national insurance payments
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Paul Monaghan @paulmonaghan.bsky.social · 05/08/2026
Hmm, the framing here is anti-social value, but the detail indicates social value criteria weighting increases from 10 to 20% & 'bidders will be able to gain extra credit for creating local jobs that pay above the legal minimum'. All of which is positive www.ft.com/content/9878...
ft.com
UK to strip back procurement rules to focus on job creation, says Louise Haigh
Andy Burnham’s de facto deputy PM says requirements for businesses vying for Whitehall contracts will be streamlined
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Tax Justice Network @taxjustice.net · 03/08/2026
Join us at 1pm UK / 8am NY today for a live Q&A on our LinkedIn page with our Research Fellow Alison Schultz about our new study with @psiglobalunion.bsky.social on the #UNtaxConvention's commitment to change where we tax multinational corporations. www.linkedin.com/company/tax-...
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Fair Tax Foundation @fairtaxfoundation.bsky.social · 30/07/2026
"We’re moving towards a world where transparency isn’t optional". 🔎 Read about @atlastranslations.bsky.social Director Clare Suttie's journey to the 𝐅𝐚𝐢𝐫 𝐓𝐚𝐱 𝐌𝐚𝐫𝐤 in her 𝐅𝐚𝐢𝐫 𝐓𝐚𝐱 𝐋𝐞𝐚𝐝𝐞𝐫𝐬 article: fairtaxmark.net/atlas-transl...
fairtaxmark.net
Atlas Translations' Suttie: The Fair Tax Mark is about being open, accountable and fair - Fair Tax Foundation
In this Fair Tax Leaders, Atlas Translations Director Clare Suttie says fair tax is about consistency and aligning values
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Bloomberg Tax @bloombergtax.com · 30/07/2026
Microsoft Corp. saved $4.3 billion in taxes during its most recent fiscal year by having a large chunk of its worldwide profits in Ireland, according to the company.
bit.ly
Microsoft’s Irish Profits Save Company $4.3 Billion in Taxes
Microsoft Corp. saved $4.3 billion in taxes during its most recent fiscal year by having a large chunk of its worldwide profits in Ireland, according to the company.
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Paul Monaghan @paulmonaghan.bsky.social · 24/07/2026
Dare I say, this announcement is riddled with both ambition and practicality A warehouse tax was always daft, and never gonna hit likes of Amazon in a substantive way www.thegrocer.co.uk/news/burnham...
thegrocer.co.uk
Burnham announces 20% business rates cut for pubs and music venues
The cut will be 'fully funded' by a tax clampdown on online marketplace sellers and businesses not making a 'positive contribution' such as vape shops
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Paul Monaghan @paulmonaghan.bsky.social · 23/07/2026
"Hundreds"... as in two hundred😂 Almost certainly tip of the iceberg given c.4.5mn own crypto in the UK. Expect recovery rates & settlements to rocket from 2026 as info exchange between tax authorities starts to kick in for crypto for the 1st time www.ft.com/content/bfc7...
ft.com
Hundreds settle with HMRC as crypto tax crackdown continues
International reporting rules make it harder for investors to conceal gains
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Paul Monaghan @paulmonaghan.bsky.social · 22/07/2026
Good to see Democrats still pushing for public country-by-country reporting in the US. Mandatory pCbCR advancing across the EU and Australia this year. Begs the question as to why the UK such a laggard. news.bloombergtax.com/daily-tax-re...
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Paul Monaghan @paulmonaghan.bsky.social · 16/07/2026
Argh! It's fallen again - the number of criminal prosecutions by HMRC for tax evasion!! The number of charging decisions is also down, despite Government saying it wants to see these increase. www.gov.uk/government/p...
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Fair Tax Foundation @fairtaxfoundation.bsky.social · 23/06/2026
📢UK-based consultancy Talieisin have been awarded their first 𝐅𝐚𝐢𝐫 𝐓𝐚𝐱 𝐌𝐚𝐫𝐤 this #FairTaxWeek. They are a great example of how tax fits into a business' sustainability goals. Find out about their certification➡️ fairtaxmark.net/talieisin-co...
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Fair Tax Foundation @fairtaxfoundation.bsky.social · 01/07/2026
🎊 We had a fantastic #FairTaxWeek this year! And despite the heatwave in the UK, many of you joined us and the @justmoneymvt.bsky.social at St Mary-le-Bow Church to celebrate investing in corporates paying tax responsibly. See everything that went on: fairtaxmark.net/supporters/f...
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Fair Tax Foundation @fairtaxfoundation.bsky.social · 22/06/2026
📢 𝐍𝐄𝐖 𝐅𝐀𝐈𝐑 𝐓𝐀𝐗 𝐌𝐀𝐑𝐊 𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒! We're very happy to announce this #FairTaxWeek that Scottish-based capital allowances firm Cavetta Consulting have achieved their first Fair Tax Mark. Find out more about Cavetta's certification: fairtaxmark.net/cavetta-cons...
fairtaxmark.net
Cavetta Consulting stand out from the crowd with first Fair Tax Mark - Fair Tax Foundation
Cavetta Consulting have become the first Scottish-based capital allowances firm to secure the Fair Tax Mark
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Fair Tax Foundation @fairtaxfoundation.bsky.social · 06/07/2026
📣 Congratulations to Inflow Partnership on receiving their first 𝐅𝐚𝐢𝐫 𝐓𝐚𝐱 𝐌𝐚𝐫𝐤. The Fair Tax Mark complements Inflow Partnership’s commitment to being a @livingwageuk.bsky.social Employer and other responsible business accreditations. Find out more➡️ fairtaxmark.net/inflow-partn...
fairtaxmark.net
Inflow Partnership add Fair Tax Mark to responsible roster - Fair Tax Foundation
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Fair Tax Foundation @fairtaxfoundation.bsky.social · 24/06/2026
🎉 𝐀𝐖𝐎 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐟𝐢𝐫𝐬𝐭 𝐥𝐚𝐰 𝐟𝐢𝐫𝐦 𝐭𝐨 𝐚𝐜𝐡𝐢𝐞𝐯𝐞 𝐭𝐡𝐞 𝐅𝐚𝐢𝐫 𝐓𝐚𝐱 𝐌𝐚𝐫𝐤 This #FairTaxWeek we're delighted to announce the international agency have reached the gold standard of responsible tax conduct. Find out more ➡️ fairtaxmark.net/awo-revealed...
fairtaxmark.net
AWO revealed as first law firm to achieve Fair Tax Mark - Fair Tax Foundation
International agency AWO are the first law firm to have been awarded the Fair Tax Mark - a gold standard accreditation
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Jim Waterson @jim.londoncentric.media · 30/06/2026
Treasury select committee is holding an evidence session on dodgy high streets, snail farms, and phoenixing gift shops. (With some nods to our reporting.) Some very very quotable bits for any reporter wanting high street stories: www.parliamentlive.tv/Event/Index/...
parliamentlive.tv
Parliamentlive.tv
Treasury Committee
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Simon Evans @drsimevans.carbonbrief.org · 25/06/2026
NEW ANALYSIS: UK sales of electric vehicles just overtook petrol cars for the first time What's that you say? Something something demand, something something ZEV mandate? Take a look at the data: www.carbonbrief.org/...
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Paul Monaghan @paulmonaghan.bsky.social · 23/06/2026
HMRC just released their latest analysis of the UK's tax gap. It's rocketed and the share attributable to small business not only dominates, but has increased further! Bears out what we have been saying for years: small business tax avoidance is a massive issue in the UK
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Paul Monaghan @paulmonaghan.bsky.social · 22/06/2026
"This research demonstrates that the UK is still at its core a fair tax nation. The UK public care about many issues, but ‘tax justice’ is consistently at the top of their concerns when it comes to corporate conduct." www.theguardian.com/politics/202...
theguardian.com
UK taxpayers want higher levies on big tech companies, survey shows
Two-thirds of respondents support increasing the 2% digital services tax for multinationals
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Paul Monaghan @paulmonaghan.bsky.social · 22/06/2026
"This research demonstrates that the UK is still at its core a fair tax nation. The UK public care about many issues, but ‘tax justice’ is consistently at the top of their concerns when it comes to corporate conduct." www.theguardian.com/politics/202...
theguardian.com
UK taxpayers want higher levies on big tech companies, survey shows
Two-thirds of respondents support increasing the 2% digital services tax for multinationals
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Paul Monaghan @paulmonaghan.bsky.social · 21/06/2026
Nice one 👏 www.bbc.co.uk/news/article...
bbc.co.uk
King Charles to reveal personal tax bill for first time as monarch
For the first time, the annual financial report for the royals will include how much tax is paid by the monarch.
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Polyp @polypartist.bsky.social · 04/06/2026
Project has hit the ground running in its first hours! Check it out, folks, it's gonna be a cracker...
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Paul Monaghan @paulmonaghan.bsky.social · 11/06/2026
Great stuff. Push aside the speculative projects and get shovel ready to the front of the queue. This is the type of quiet, technical, competent government the UK wants and needs. www.theguardian.com/environment/...
theguardian.com
More than half of clean energy schemes needed for Labour’s 2030 target offered grid connection
The 700 projects include wind and solar farms, battery storage, gas and hydro plans
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