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The Latest Breaking News from HMRC

The operational gap in R&D Tax: Where good claims break down

The global stage of innovation is once again shifting, and where Silicon Valley once dominated over all, other equally powerful regions are rising up to challenge it.

TechRadar

HMRC Gives Parents £2 for Every £8 Paid Into Childcare Account: Who Can Claim £2,000

The UK government's Tax-Free Childcare scheme offers families up to £2,000 annually towards childcare costs, with a 20% top-up for eligible accounts, benefiting working parents with children under 11.

International Business Times UK

Over two million pensioners to pay tax on savings, HMRC reveals

More than £3 billion is set to be paid in savings tax by pension-age savers, new data shows

The Independent UK

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This Government Childcare Scheme Could Save Working Parents Nearly £100 a Month—Many Still Haven't Signed Up

HMRC is urging eligible families to sign up for Tax-Free Childcare, which could save parents nearly £100 a month and provide up to £2,000 per child annually.

International Business Times UK

National League suspends Ebbsfleet over unpaid debts as first three fixtures postponed

The National League South club were unable ‘to meet its financial obligations’ for the upcoming season

The Independent UK

The amount of money you can make from selling online before paying tax – revealed

IN FULL

The Independent UK

How much money can I make from my side hustle before I have to tell HMRC - and pay tax?

Dog walking, reselling on Vinted or tutoring can all count as side hustles - and there’s a clear limit to what you can earn without reporting

The Independent UK

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£30bn HMRC bombshell as millions more pensioners dragged into paying tax

Millions more pensioners are paying income tax after frozen thresholds pushed HMRC's take to £29.8bn, while pension tax relief climbed above…

The National (Scotland)

Housebuilder collapses into administration with homes unfinished owing £4.5 million

AN Ayrshire-based housebuilder collapsed into insolvency, leaving homes unbuilt with administrators having to “forcibly gain entry” to the site…

The National (Scotland)

One Tax Return Mistake Could Trigger Hefty HMRC Fines Under New Rules: Millions at Risk

HMRC's draft legislation introduces a 'duty to correct' tax errors, potentially treating uncorrected mistakes as deliberate, leading to steeper penalties. The aim is to improve compliance across taxes.

International Business Times UK

HMRC Launches £100M Tax Hunt for Landlords Failing to Declare Rental Income

HMRC's Let Property Campaign has reclaimed over £100M in unpaid taxes from landlords by targeting undeclared rental income through advanced data checks and strategic 'nudge letters'.

International Business Times UK

HMRC fines Airbus £6.4m for breaching rules on export of sensitive technology

Manufacturer self-reported the offences in the tax authority’s largest such out-of-court settlement

The Guardian - UK

Monzo passes landmark business customer numbers in first for a digital bank

Digital banking’s rise has coincided with HMRC placing more online demands on UK firms

The Independent UK

Side Hustle Tax: HMRC Received Data on Nearly 4M Online Sellers in One Year, Figures Show

Learn about HMRC's latest side hustle tax rules, reporting thresholds, and upcoming changes before 2029. Discover how digital platforms report seller activity and what it means for your taxes.

International Business Times UK

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International Business Times UK

Record 10.2 Million Over-65s Set to Pay UK Income Tax as Frozen Thresholds Bite

More retirees are becoming taxpayers as frozen allowances and rising pension income widen the UK's income tax net, HMRC projections show.

The Independent UK

Voices: ‘No loopholes’: Readers demand watertight wealth tax after millionaires’ letter to Andy Burnham

YOUR VIEWS: From exit taxes to a crackdown on advisers, our community sets out exactly what they’d need to see before trusting a wealth tax to work

International Business Times UK

HMRC Loses Battle Over How 'Thomas the Tank Engine' Royalties Are Taxed: Creator's Family Avoids 45% Tax Hit

The Awdry family won a significant High Court case against the HMRC, ensuring royalties from Thomas the Tank Engine books are taxed as capital, not income.

International Business Times UK

Making Tax Digital 7 Aug Deadline Nears: HMRC's Latest Updates Could Catch Sole Traders and Landlords Off Guard

HMRC mandates quarterly digital tax updates for sole traders and landlords with income over £50,000, starting April 2026. The shift aims to modernise tax reporting, replacing annual submissions.

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The Guardian - UK

Tories ask HMRC to investigate whether Nigel Farage owes tax on £5m gift

Party chair queries status of funds Reform leader received from crypto billionaire Christopher Harborne

International Business Times UK

HMRC Loses Landmark Inheritance Tax Case: How Thousands of Families May Benefit

A landmark Court of Appeal ruling against HMRC could benefit thousands of families with inheritance tax disputes. Learn about the implications for home loan schemes and estate planning in Britain.

Evening Standard

Wedding suppliers may need to make check about tax liabilities, says HMRC

If someone has earned more than £1,000 from their side hustle in a tax year, they may need to complete a self-assessment tax return, HMRC said.

The Independent UK

Wealth tax could raise £10bn a year, academics tell Andy Burnham

Andy Burnham has hinted at tax reforms, with some of his closest aides and allies publicly having called for wealth taxes

The Guardian - UK

Wealth tax on UK’s super-rich could raise £10bn a year, Andy Burnham told

New PM urged to introduce a 2% minimum charge on households with more than £100m in wealth

Evening Standard

Golden era or overcapacity: Why London's private members' club boom might end in bust

As a £100m venue opens its doors in London, does it herald a golden era for clubs — or a doomed bubble?

The National (Scotland)

HMRC issues update on State Pension tax error that affected 1.4 million pensioners

HMRC has issued a fresh update to MPs after admitting a long-running State Pension tax error affected up to 1.4 million pensioners....

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