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The Latest Breaking News from HM Revenue and Customs

Young adults urged to claim forgotten ‘pot of money with their name on’

HM Revenue and Customs said nearly 430,000 18 to 21-year-olds have an unclaimed child trust fund, worth £2,000 on average.

The Independent UK

Popular Scottish food chain plunges into crisis as debts of over £1 million revealed

The National (Scotland)

Benjamin Mendy chasing back pay from Manchester City, bankruptcy court told

HM Revenue and Customs (HMRC) is seeking a bankruptcy order against the former City defender over a nearly £800,000 tax debt.

The Independent UK

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HMRC Child Benefit warning to some parents or guardians ahead of August 31 deadline

HM Revenue and Customs (HMRC) guidance states that Child Benefit payments will continue after the child's 16th birthday is reached until one of four deadlines is reached.

Nottingham Post

Illegal cigarettes seized at Belfast Port

HM Revenue and Customs teamed up with the Border Force for the operation

Belfast Live

Nottinghamshire businesses fined for breaching HMRC money laundering rules as one director defends 'unfortunate error'

Certain types of business are required to register with HM Revenue and Customs, which oversees Money Laundering Regulations

Nottingham Post

Help to Save scheme extended until April 2025

More than 359,200 people have opened savings accounts since its launch in September 2018, HM Revenue and Customs said.

The Independent UK

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Great Annual Savings falls into administration after court rejects restructuring plan

More than 100 jobs have been lost after the Seaham firm's plan failed to secure backing at the High Court hearing

Birmingham Post

900,000 households received £301 cost-of-living payment in early May

The payments were made by HM Revenue and Customs between May 2 and 9.

The Independent UK

DWP £301 payment to go into bank accounts of those eligible from today

HM Revenue and Customs (HMRC) will be making payments to one million eligible families receiving tax credits only

Belfast Live

UK house sales fell by 19% annually in March – HMRC figures

The number of house sales edged up by 1% compared with February 2023, according to the figures from HM Revenue and Customs.

The Independent UK

Around 500 children had at least £100,000 in Junior Isa savings by 2021

Around 40 children had Junior Isa pots worth £200,000 or more, according to HM Revenue and Customs figures obtained by St James’s Place.

The Independent UK

‘Deplorable’ ex-tax office worker jailed for defrauding £52,348 of debtors’ cash

Nicola Barnes was sentenced to two years and four months in prison, HM Revenue and Customs said.

The Independent UK

Nadhim Zahawi to pay millions in tax after dispute over family finances

Questions were raised over Tory chair’s use of offshore company to hold shares in polling firm YouGov

The Guardian - UK

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Glasgow Live

Tax code to look out for on your pay slip to avoid being underpaid

According to the Money Saving Expert website, it is the taxpayers responsibility to check that their tax code on their payslip is correct - not their employers or HM Revenue and Customs.

Edinburgh Live

Married people urged to check if they are owed up to £1,242 from HMRC

Spouses and those in a civil partnership may be eligible for a cash boost, with HM Revenue and Customs urging people to make claims as the cost of living crisis continues.

Daily Mirror

Why David Beckham hasn't received a knighthood as he's snubbed yet again

David Beckham was tipped for a knighthood all the way back in 2014 as he's one of the most recognisable faces in football, but now he's missed out on the honour once again

Birmingham Post

The North West business leaders and employees named in New Years Honours list 2023

BusinessLive has rounded up the North West business leaders and employees who have been recognised this year

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Daily Mirror

Major Covid fraud taskforce is being shut down - despite £3.4billion in lost money

HM Revenue and Customs has said it will close its dedicated taskforce for getting back wrongly-paid-out Covid cash - even though £3.4billion in fraud and mistakes is still outstanding

The Independent UK

Parents urged to check whether they could get childcare costs top-up

Thousands of families are still missing out on the Tax-Free Childcare top-up, HM Revenue and Customs said.

Daily Mirror

The good news: you're getting a tax refund. The bad? Much of it will vanish in commission

'I'd never heard of this claims firm until HMRC told me it was getting my rebate'

Edinburgh Live

HMRC confirms £324 cost of living payment date for those claiming Tax Credits

HM Revenue and Customs (HMRC) has confirmed when the second cost of living payment will be issued next month to those claiming tax credits. This comes as inflation hit 10.1 per cent.

The Independent UK

Tax credit claimants to receive second cost-of-living payment from November 23

The £324 will be paid into bank accounts automatically, HM Revenue and Customs said.

The Independent UK

Scam warning for self-assessment taxpayers

Fraudsters target customers at times when they know they are more likely to be in contact with HM Revenue and Customs.

Glasgow Live

HMRC urges young people to check for £2k savings account set up when they were born

HM Revenue and Customs (HMRC) are urging tens of thousand of young people to check if they could have money sitting waiting to be withdrawn with around 6.3 million accounts having been set up throughout the duration of the scheme.

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