The Latest Breaking News from HMRC

Revealed: Wealthy being pitched offshore products said to shelter fortunes from inheritance tax and capital gains tax

Born to a Kurdish family in Iraq, Nadhim Zahawi rose to prominence first as Boris Johnson’s vaccines minister

One of the UK’s largest taxpayers, billionaire quant trader Alex Gerko lost a legal dispute with British authorities over the tax treatment of a deferred payment plan. Appeal judges ruled that Gerko and other traders, while they were still running high-frequency trading strategies at GSA Capital Partners between 2010 and…

HMRC says several commercial schemes are exploiting tax exemption aimed at employers who provide nursery places

Pressure on officials to publish estimate of offshore tax avoidance in almost £40bn of uncollected revenues

The DWP and HMRC have confirmed that those receiving certain benefits will receive their payments early — here’s why

An estimated 91,290 sales took place in May, which is 17% higher than in May 2023, HM Revenue and Customs said.

HMRC data shows 26% more people over state pension age paying tax on earnings than in 2021-22

Between the tax years 2023-4 and 2024-5, there was a 660,000 increase in income tax payers over state pension age, according to HMRC figures.

Insiders from sites such as eBay, Depop and Vinted give advice on how to get the best cash for preloved items

Many grandparents are preparing to take on extra childcare responsibilities over the summer holidays