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The Latest Breaking News from HMRC

Nadhim Zahawi’s position ‘untenable’ after tax penalty reports, says Labour

Reports suggest the Conservative Party chairman has paid seven-figure sum to settle a tax dispute with HMRC

The Independent UK

Nadhim Zahawi's position 'untenable' after seven-figure tax penalty reports

TORY chairman Nadhim Zahawi’s position is “untenable” after reports that he paid a penalty as part of a multimillion-pound tax settlement,…

The National (Scotland)

HMRC warning as millions have just 10 days to avoid £100 fine

Self-assessment tax returns are due on January 31

Liverpool Echo

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'Germany must realise Putin cannot be allowed to win and Ukraine allowed to fall'

If President Volodymyr Zelensky and the Ukrainian forces are to drive the Russian military from their country they need their allies to supply more equipment and munitions

Daily Mirror

Tory Peer Baroness Michelle Mone's husband linked to three tax avoidance schemes

Three tax avoidance schemes linked to businessman Doug Barrowman have been named - HMRC previously described AML Tax as part of his Isle of Man-based Knox Group

Daily Mirror

Six things to bear in mind before January 31's tax deadline if you have a second job

The Office for National Statistics estimates that 1.2million UK residents have second jobs - and with extra income comes tax implications that Britons need to be aware of

Chronicle Live

Tory Party chairman Nadhim Zahawi made to pay ‘million pound’ fine to taxman

Rishi Sunak under pressure to sack Zahawi from cabinet as Tory MPs say position is ‘unsustainable’

The Independent UK

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Mega-rich Tory Nadhim Zahawi 'agrees to pay 30% penalty' to settle tax dispute

Reports emerged today claiming that Mr Zahawi agreed to settle a £3.7 million sum with an additional 30% penalty - with an expert suggesting this means he admitted carelessness

Daily Mirror

Football club collapses in lower leagues: how to avoid them for the good of the community

The future of Southend United Football Club hangs in the balance. A petition by His Majesty’s Revenue and Customs (HMRC) to have the club wound up over unpaid tax liabilities has just been adjourned by the high court until March. The court had previously granted one stay of execution from…

The Conversation

Schemes linked to Michelle Mone's husband named 'tax avoidance' by HMRC

THREE schemes linked to Michelle Mone’s husband have been named as “tax avoidance” by the HMRC ...

The National (Scotland)

Nadhim Zahawi ‘paid penalty in seven-figure tax dispute settlement’

Fresh questions swirled around former chancellor after reports he paid 30 per cent penalty

The Independent UK

Tory chairman Nadhim Zahawi ‘paid penalty in seven-figure HMRC settlement’

Fresh questions swirled around the former chancellor after the Guardian reported he paid a 30% penalty

Evening Standard

Tory minister 'paid penalty' amid multi-million pound tax dispute with HMRC

TORY minister Nadhim Zahawi agreed to pay a penalty as well as settle a multi-million pound tax bill with the HMRC, reports say.

The National (Scotland)

Nadhim Zahawi ‘agreed on penalty’ to settle tax bill worth millions

Claim over sum imposed by HMRC likely to raise further questions for Conservative party chair

The Guardian - UK

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Evening Standard

Bernie Ecclestone in court ahead of fraud trial for ‘failing to declare £400m worth of assets held overseas’

Billionaire former Formula One boss faces a single charge of fraud by false representation following an investigation by HMRC

Daily Mirror

Six things you need to know before January 31 tax deadline if you have a second job

Around 1.2million people are said to have a second job in the UK and with extra income, there comes tax implications Brits will need to be aware of

The Independent UK

Uyghur group loses legal challenge over cotton imports from Chinese labour camps

The World Uyghur Congress brought a claim against the Home Secretary, HMRC and the National Crime Agency.

The Independent UK

Bernie Ecclestone in court ahead of trial for alleged fraud

The billionaire faces a single charge of fraud by false representation following an investigation by HMRC.

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news in one place.

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Daily Record

New change to HMRC phone lines ahead of tax filing deadline at end of this month

A new trial is in place until April to reduce the amount of time people wait for calls to be handled.

Daily Record

Some Universal Credit claimants may not qualify for new £301 cost of living payment due this Spring

More than eight million eligible households are expected to receive the first part of the £900 cost of living payment.

Manchester Evening News

Cheshire company director who enjoyed millionaire lifestyle in Holland laundered €3.2m

The 52-year-widow used false invoices to funnel money from her UK business bank account into Dutch bank accounts via Liechtenstein, according to HMRC

The Guardian - UK

HMRC names three schemes linked to Mone’s husband as tax avoidance

AML Tax (UK) Ltd, which ran payment programmes, was ‘part of Doug Barrowman’s Isle of Man-based Knox Group’

The Independent UK

Labour demands answers from HMRC over Zahawi tax dispute claims

It comes amid amid allegations Nadhim Zahawi paid millions to settle a dispute over his tax.

The Guardian - UK

The Guardian view on the tax system: losing trust, missing out on billions

Editorial: Even as millions are sweating over self-assessment forms ahead of this month’s deadline, HMRC dishes up big dollops of bad news

Manchester Evening News

HMRC makes big change just days before self-assessment tax deadline

Some taxpayers will notice a difference when attempting to contact HMRC from today

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