All news on the topic: HMRC

857
Farage’s inner circle under scrutiny as HMRC probes George Cottrell’s finances
The finances of one of Nigel Farage’s key confidants are being examined by the UK’s tax and revenue authorities amid questions over his income from wealth and business activities, the Guardian understands.
1003
Tax authority targets OnlyFans stars over undeclared income
HMRC has initiated an investigation into celebrities using OnlyFans to generate millions of pounds.
933
Dozens of HMRC staff sacked for snooping on taxpayers’ private records since 2022
Since 2022, dozens of HMRC staff have been dismissed for violating data privacy rules, with over 186 terminated for prying into taxpayers’ confidential information.
938
HMRC lost £47 million in massive phishing attack — over 100,000 accounts compromised
Organised criminals stole 47 million pounds ($63.76 million) from Britain’s tax office last year by using phishing tactics to access more than 100,000 customer accounts and falsely claim payments from the government.
1260
UK football clubs exposed in research grant fraud — 33 teams under investigation
HMRC probes 33 football clubs regarding tax avoidance allegations
841
Former England football star Trevor Sinclair is on the brink of bankruptcy due to a tax debt
Former England international and pundit Trevor Sinclair is confronting bankruptcy following an order from HMRC due to a substantial tax bill, years after he was dismissed from the BBC.
935
In one year, officials in the U.K. have frozen nearly $7.7 million worth of illicit crypto assets
The largest freeze order was issued against a wallet containing approximately $2 million in cryptocurrency that was hosted on Coinbase.
863
Five million UK taxpayers now in highest tax bracket as fears grow over Reeves’ mini-budget
A record five million UK tax payers now fall into the highest rate tax bracket figures have revealed - as fears grow over the potential of Reeves’ April mini-budget.
866
Universal Credit page down on Gov.uk, leaving users unable to log in this morning
The Universal Credit page on Gov.uk is down this morning leaving hundreds unable to log in to the website.
806
Former UK students are owed up to £50,000, with £28 million still unclaimed
According to data from the Student Loans Company, some former students in England overpaid on their loans more than five years ago and have still not claimed their refunds.
879
Severe HMRC warning to anyone who has gifted money to family
Generous Brits wishing to give money and belongings to loved ones before they pass away have been encouraged to familiarize themselves with the government’s inheritance tax (IHT) rules.
796
Over 1 million people in the UK face impending £100 fines
Self-employed people have just missed an important tax deadline.
659
Perfume boss admits to ignoring Russia sanctions
A British businessman caught on camera confessing he was illegally selling luxury perfume to Russia is not facing criminal charges, the BBC has learned.
893
HMRC warning issued to state pensioners who could get an unexpected bill
The warning has come as hundreds of thousands of pensioners across the country could be at risk of receiving a bill from the government tax department next year
887
Mandelson-backed Bank of London secures £42 million in new funding just days after a winding-up order
Clearing bank’s future was thrown into question by HMRC action over unpaid taxes last Thursday
746
Gangster who cheated the taxman to build a £2.3m castle in Pakistan repays only £1,700
The scam was exposed after cops raided his Birmingham home and found plans for a palace
954
Half a million left without Child Benefit payment
About half a million people have been left without their Child Benefit payment, after a technical issue at HMRC.
701
Nadhim Zahawi confirms payment of nearly £5m due to tax error
Former Chancellor Nadhim Zahawi has told the BBC he paid nearly £5m to authorities to settle his tax affairs.
840
Prominent Conservative property expert slapped with £4.5 million tax bill for construction dubbed ’Ten Floors of Whores’
HMRC has ruled that Dr Christopher Moran’s company failed to charge VAT to short term occupiers of a London apartment block, which have at times included sex workers
721
State pension warning as 400,000 Brits face unexpected HMRC bill
The state pension increased by 8.5% this month, in line with September 2023’s wage growth figures, but the latest hike could lead 400,000 people into income tax brackets
790
DWP to give two weeks' payments to people moving to Universal Credit
The Department for Work and Pensions has issued guidance to ease the transition of thousands of claimants onto Universal Credit
898
HSBC warning of March spike in scams that saw £1.1m stolen in a month last year
HSBC UK said that over £1 million was reported stolen from its customers by impersonation scammers - some posing as HM Revenue and Customs ahead of end of year tax returns - in March 2023, with people being defrauded out of £5,791 on average
1153
HMRC warning as thousands of families missing out extra £4,000 a year
HMRC has urged families to take advantage of the Government's tax-free childcare scheme which is worth up to £4,000 a year, particularly as Easter is only a few weeks away
674
Thousands warned they could miss out on £3,000 after benefit rule change
The changes to Child Benefit rules looks set to impact potentially 485,000 higher earners - however around 180,000 will need to "take action now" to make sure they benefit from the changes
696
Corrie's Bill Roache given three months to clear debt as he tries to sell home
The Coronation Street actor's hearing commenced on Monday at insolvency court in London after being hit with a £546,000 tax bill from HMRC