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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.

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

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.

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 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.

FunderSimilar charities fundedAmount to them
GARFIELD WESTON FOUNDATION1£200k
THE CHARTERED INSTITUTE OF TAXATION1£120k
THE PWC FOUNDATION1£66k
THE A B CHARITABLE TRUST1£62k
THE ASSOCIATION OF TAXATION TECHNICIANS1£13k
SCHRODER CHARITY TRUST1£5k
CHARLES S FRENCH CHARITABLE TRUST1£3k
THE INMAN CHARITY1£2k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE CHARTERED INSTITUTE OF TAXATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
TAXWATCH£190kUnder £60,0000unclear—no doubt
THE CHARTERED INSTITUTE OF TAXATION FY2025£12.1m——unclear—no doubt
STOPWATCH FY2025£168k—0unclear—no doubt
TAXAID UK FY2025£1.2m—0within—no doubt
TIBET WATCH FY2025£182k—0above—no doubt
TAX VOLUNTEERS FY2025£933k—0unclear—not going concern

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