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The Latest Breaking News from HM Revenue and Customs

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

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

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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

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‘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

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.

Glasgow 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.

Edinburgh Live

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

Daily Mirror

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

Birmingham Post

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

Daily Mirror

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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.

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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.

The Independent UK

Worcester’s Premiership future hanging by a thread as WRFC Players Ltd wound up

HM Revenue and Customs (HMRC) is pursuing the Warriors, who are suspended from all competitions, for unpaid tax in the region of £6million.

The Independent UK

Wasps buy time to survive as talks with investors at ‘advanced stage’

The club face of a winding up order from HM Revenue and Customs for £2million in unpaid tax.

The Independent UK

Worcester facing liquidation on Wednesday

HM Revenue and Customs is pursuing the Warriors for unpaid tax and pressing ahead with a winding up petition.

The National (Scotland)

Strong tax system is vital for success of Scottish currency, says Richard Murphy

AN economic justice campaigner has said Scotland must have a clearer and more effective tax system than the UK does if it is to adopt its own…

Insider UK

Administrator's report reveals scale of McGill debts

HM Revenue and Customs is owed the most, followed by creditor Bank of Scotland

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