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The Latest Breaking News from HMRC

£324 cost of living payment date for people claiming Tax Credits confirmed for next month

HMRC has confirmed more than one million families will be due the payment during the last week of November.

Daily Record

Second Cost of Living payment date confirmed for 1 million UK families on tax credits

Families have been waiting for the second payment to drop

Nottingham Post

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.

The Independent UK

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Debt advisor owed over £26m when it entered administration as 31 employees made redundant

The company's clients have been transferred to another business in Salford

Birmingham Post

DWP gives exact date £324 cost of living payment will be paid to families

More than one million families who receive tax credits will qualify for the payment

Wales Online

Estate agent trading across Nottinghamshire fined £53,000 for breaching anti-money laundering regulations

The firm was found to be trading despite failing to register with HMRC

Nottingham Post

Parents could save up to £2,000 on half-term childcare thanks to government funding

HMRC is encouraging families across the UK to apply for the fund, which provides tax-free care for children up to the age of 11, or 17 for children with disabilities

Manchester Evening News

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Families could save £2,000 a year in childcare costs with HMRC funding

It can help pay for holiday clubs and childminders

Nottingham Post

HMRC offering parents £2,000 in free childcare

Childcare can take a huge chunk of people's wages, salaries and benefits

Liverpool Echo

Cost of living: Northern Ireland families could save up to £2,000 per year on childcare costs

It can help pay for holiday clubs, before and after-school clubs, childminders and nurseries

Belfast Live

'I earn £4,000 a month on OnlyFans - but people in my village are trying to shut me down'

Laura Whyte said that someone threatened to phone the police over her content if she didn't take it down

Manchester Evening News

Inside rugby Premiership's financial crisis as Wasps and Worcester teeter on brink

Wasps and Worcester Warriors have both been suspended by Premiership Rugby, with Wasps expected to follow Worcester and be relegated once they enter administration

Daily Mirror

HMRC worker sacked after row with boss about taking New Year’s Eve off wins £250,000 payout

Elaine Worsley was suffering from depression when she was dismissed after 45 years of service

The Independent UK

Covid furlough scheme ‘lost billions of pounds to error and fraud’

Government insists compliance checks minimised fraud from start of scheme

The Independent UK

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The Independent UK

Covid furlough scheme lost billions of pounds to error and fraud, says watchdog

‘Billions went to people whose incomes increased during the pandemic, and billions more was lost in fraud and error,’ the National Audit Office said.

Wales Online

Savers warned of huge HMRC tax charges on pension withdrawals

However, there is a way to avoid it

Chronicle Live

Council shelves controversial plans to pedestrianise Blackett Street in Newcastle city centre

Proposals to ban all traffic from the busy bus route are on hold until they "can be fully funded and brought forward as part of a comprehensive package of measures"

The Conversation

How a new and improved furlough scheme could help the UK tackle recession and economic uncertainty

The UK economy is on the brink of a recession while also experiencing weeks of financial volatility following the launch of the government’s unfunded growth plan last month.

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Daily Record

HMRC issues new warning to people filing Self Assessment tax returns this month or start of next year

The deadline for filing paper tax returns is October 31 and January 31 for online returns.

Evening Standard

Help! I’m trapped in a Kafka-esque nightmare with a relentless HMRC

With all my aspirations for “living my best life” in 2022, I hadn’t envisaged I would find myself caught up in what is essentially benefit fraud. But hey, life’s full of surprises.

Daily Mirror

Ex-Newcastle owner Mike Ashley eyeing £50m takeover of struggling Premiership Rugby club

The former Newcastle owner could have his eyes set on taking over Wasps with the Premiership Rugby club continuing to face an uncertain future over its finances

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.

Wales Online

Astonishing 99 million cigarettes seized in truck as Welshman is arrested

99 million cigarettes were discovered in the back of the lorry, which had been shipped via the United Arab Emirates (UAE)

Daily Mirror

Sniffer dog rumbles crooks trying to smuggle 99 million cigarettes into the country

Eight container contained the cigarettes, which were worth about £44million in unpaid taxes. HMRC said it was the largest seizure of illegal cigarettes at a UK port and discovered by the dog

Manchester Evening News

The Mancunian Way: A seat by the loo

Read the Mancunian Way newsletter for Friday October 7, 2022.

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