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The Latest Breaking News from HMRC

Hamilton Accies hit with heavier sanctions after admitting further rule breaches

Accies admitted to further tax-related breaches at an SPFL hearing

The National (Scotland)

Self-employed workers face key tax date next week - and it’s costly to miss

If you complete a self assessment and pay taxes and NICs from it, the chances are you’re due for your second payment

The Independent UK

Are You Qualified For The State Pension Error Payout? You Could Be Eligible for Up to £10,000 — Here's How

Hundreds of thousands may be owed up to £10,000 due to state pension errors linked to missing NI records and HRP credits. Here's who qualifies and how to claim.

International Business Times UK

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Voices: ‘Work until we die?’ Independent readers outraged over retirement age review

YOUR VIEWS: Liz Kendall’s pension review has drawn backlash from readers who say they’re ‘being punished for doing everything right’ and fear being forced to work beyond their limits

The Independent UK

Almost 200,000 can claim huge state pension top-up after DWP error

Those affected have been advised that they must make a claim

The Independent UK

Chris Blackhurst answers your questions on wealth tax – from millionaire exodus to Labour’s silence

ASK ME ANYTHING: Business columnist Chris Blackhurst answered readers’ questions on a potential wealth tax in the UK, from fears of a millionaire exodus and offshore loopholes to Labour’s reluctance to commit

The Independent UK

Fewer people claimed non-dom tax status in UK ahead of Government crackdown

There were about 73,700 non-domiciled taxpayers in the tax year ending in April last year, according to estimates from HMRC.

The Independent UK

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All flights cancelled as popular Loch Lomond Seaplanes shuts down

The National (Scotland)

HMRC ‘does not know how many billionaires pay tax in the UK’

IN FULL

The Independent UK

HMRC criticised by watchdog for failing to track billionaires’ tax

Report comes as government faces growing demands for wealth tax to improve health of public finances after welfare U-turn earlier this month

The Guardian - UK

HMRC does not know how many billionaires pay tax in UK – report

The Public Accounts Committee is calling for HMRC to publish its plan for increasing tax yield from wealthy taxpayers domestically and offshore.

Evening Standard

How much tax do Britain’s billionaires pay? HMRC has no idea, damning report finds

The finding comes amid growing calls for a wealth tax among Labour MPs

The Independent UK

Pensioners targeted in winter fuel payment scam

IN FULL

The Independent UK

HMRC issue winter fuel payment scam warning after thousands targeted

Fraudsters have been targeting vulnerable people using texts and phishing websites

The Independent UK

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Evening Standard

Winter fuel payment scam warning after HMRC receives over 15,000 reports in June

Last month, HMRC acted to remove 4,600 fake websites linked to winter fuel payments.

The Guardian - UK

Flight of the non-doms: how worried should Labour be about the super-rich leaving the UK?

Reports say wealthy elite are leaving over tax changes – prompting a possible rethink by Rachel Reeves – but hard data is tricky to find

The National (Scotland)

Stephen McGowan: Murray’s mea culpa won’t wash, but Rangers board can learn

Stephen McGowan: Murray’s mea culpa won’t wash, but new Rangers board can learn from his mistakes.

Evening Standard

Cryptocurrency holders warned about new rules to unmask anyone dodging tax

HM Revenue and Customs will look to identify those who have not been correctly paying tax on their cryptocurrency profits.

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news in one place.

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The National (Scotland)

Labour's £46-billion problem: How to find the 'record-high' missing tax

IN January, the UK Government announced the “biggest fraud crackdown in a generation” ...

Evening Standard

Home buyer mortgage demand expected by lenders to soften over summer months

Households are adjusting to ‘ongoing cost pressures’, one finance expert said.

Evening Standard

Marks & Spencer face potential legal challenge from HMRC over viral strawberry sandwich

The retailer says it’s a sandwich — but one taxman thinks it might actually be a pudding. The difference? A substantial VAT bill

The Guardian - UK

Salford thrashed but hope for brighter days as financial situation improves

Salford lost 58-0 against St Helens but a winding-up petition was adjourned and they have received a £3m bridging loan

The National (Scotland)

Time has not restored Sir David Murray's battered Rangers legacy

Sir David Murray has attempted to explain his decision to sell Rangers to Craig Whyte in his new book, 'Mettle', but here's why it doesn't pass the…

The Independent UK

5 pension mistakes you might be making now that will cost you later

Lisa Picardo and Claire Trott share things that may be overlooked or going wrong when it comes to pensions.

Evening Standard

Home sales jump by a quarter month on month in May following April slump

Stamp duty discounts became less generous in April, but transaction figures for May show a pick-up in house sales

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