TAXWATCH

Registered charity 1189585 · accounts filings on the Charity Commission register · also known as TAX WATCH, TAX WATCH UK

TaxWatch is a UK charity dedicated to compliance and sound administration of the law in the field of taxation. We are an investigative think tank which conducts forensic research and analysis on tax avoidance, tax policy, and tax law, publishing our research to improve public understanding of tax issues.Through our work we seek to encourage high standards of tax conduct and civic responsibility.

Objects

2.1 THE OBJECTS OF THE CHARITY ARE, FOR THE PUBLIC BENEFIT:2.1.1. TO ADVANCE EDUCATION, IN PARTICULAR IN RELATION TO TAX LAW AND THE OPERATION OF THE TAX SYSTEM;2.1.2. TO PROMOTE THE SOUND ADMINISTRATION OF THE LAW, IN PARTICULAR THE LAW OF TAXATION;2.1.3. TO PROMOTE COMPLIANCE WITH THE LAW, IN PARTICULAR THE LAW OF TAXATION; AND2.1.4. TO PROMOTE CIVIC RESPONSIBILITY AND GOOD CITIZENSHIP BY PROMOTING AND ENCOURAGING HIGH STANDARDS OF BUSINESS CONDUCT, IN PARTICULAR IN RELATION TO COMPLIANCE WITH THE SPIRIT OF THE LAW OF TAXATION.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Economic/community Development/employment · Other Charitable Purposes · website · Get email alerts

Registered contact address: York, Yorkshire and The Humber, England (from the postcode on the register)

Latest income
£190k
Latest spending
£136k
Registered
2020
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves of £84,912 exceed the charity's stated policy target of three months of core operational costs. The trustees report a healthy unrestricted funding position, noting that the balance covers over six months of operating costs at year-end.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: Under £60,000 — in the top quarter for charities its size (median £60k)
“No employee earned more than £60,000 during the current or prior period.” — page 19
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months of payroll and other core operational costs (held: £85k)
“The TaxWatch board agreed to adopt a reserves policy for 2024/25 onwards, ensuring that unrestricted funds are maintained sufficient to cover 3 months of payroll and other core operational costs.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Trustee Richard Brooks received £3,603 in fees for his role as Chair of the Editorial Committee.
“Trustee Richard Brooks receives fees for his role as Chair of the charity's Editorial Committee. This amounted to £3,603 in the current year (2024: £3,984).” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Julian Richer is a trustee of Persula Foundation, which provided £155,000 in unrestricted donations.
“Trustee Julian Richer is also a trustee of Persula Foundation. During the year, the charity received £155,000 from Persula Foundation” — page 23
“Trustee Richard Brooks receives fees for his role as Chair of the charity's Editorial Committee. This amounted to £3,603 in the current year” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Richard Brooks received £3,603 in fees for his role as Chair of the Editorial Committee.
“Trustee Julian Richer is also a trustee of Persula Foundation. During the year, the charity received £155,000 from Persula Foundation” — page 23
“Trustee Richard Brooks receives fees for his role as Chair of the charity's Editorial Committee. This amounted to £3,603 in the current year” — page 23
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 6 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/03/2025

  • Volunteers: 4

Self-declared on the annual return for the financial year ending 31/03/2024

  • Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity

Self-declared on the annual return for the financial year ending 31/03/2023

  • Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£190k£136k
31/03/2024£141k£151k
31/03/2023£170k£181k
31/03/2022£226k£152k
31/03/2021£139k£136k

Common questions

Is TAXWATCH financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves of £84,912 exceed the charity's stated policy target of three months of core operational costs. The trustees report a healthy unrestricted funding position, noting that the balance covers over six months of operating costs at year-end. Its FY2025 accounts were independently examined.

What does the highest-paid employee of TAXWATCH earn?

Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.

Who funds TAXWATCH?

Funders whose own accounts filings name TAXWATCH as a grant recipient include PERSULA FOUNDATION, JOFFE CHARITABLE TRUST CIO.

Shared trustees with funders

Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
PERSULA FOUNDATIONFY2024£231k
PERSULA FOUNDATIONFY2022£115kGrant Paid
JOFFE CHARITABLE TRUST CIOFY2025£40kGrants to institutions
JOFFE CHARITABLE TRUST CIOFY2024£33k
JOFFE CHARITABLE TRUST CIOFY2023£33k
JOFFE CHARITABLE TRUST CIOFY2022£30k
JOFFE CHARITABLE TRUST CIOFY2021£30k
PERSULA FOUNDATIONFY2023£20k
PERSULA FOUNDATIONFY2025£1k

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with STOPWATCH.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
TAXWATCH£190kUnder £60,0000unclear—no doubt
STOPWATCH FY2025£168k—0unclear—no doubt
THE CHARTERED INSTITUTE OF TAXATION FY2025£12.1m——unclear—no doubt
HEALTHWATCH CITY OF LONDON FY2025£98k—0below—no doubt
NATUREWATCH FOUNDATION FY2025£389k—0unclear—no doubt
POLICY EXCHANGE LIMITED FY2025£3.9m——above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.