All the updated news related to hm revenue

All the news related to hm revenue updated in real time

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Tory MP facing bankruptcy proceedings given time to raise money

A judge has given a Conservative MP facing bankruptcy proceedings time to raise money. Judge Sally Barber on Tuesday approved a plan for Adam Afriyie, who represents Windsor, to sell a property. The judge considered Mr Afriyie’s case at an online ...

03 May 2022 at 15:55

City

2.3 million taxpayers have until end of February to avoid late filing penalties

More than two million taxpayers need to file their self-assessment returns by the end of February in order to avoid penalties. More than 10.2 million customers filed their 2020/21 tax returns by the usual January 31 deadline, figures from HM ...

01 Feb 2022 at 14:55

City

UK has around 2,000 ‘Isa millionaires’, figures show

The UK has around 2,000 “Isa millionaires”, sitting on pots worth an average £1,412,000, HM Revenue and Customs (HMRC) figures show. Within the total, around 60 investors hold pots amounting to more than £3 million, according to the data ...

19 Jan 2022 at 08:25

Personal Finance

Couples urged to say ‘I do’ to marriage allowance

Married couples and those in civil partnerships are being urged to say “I do” to the marriage allowance. At the height of the wedding season, HM Revenue and Customs (HMRC) is reminding couples about the allowance, which allows married ...

02 Aug 2022 at 14:33

House sales dip in April

The number of house sales taking place across the UK dipped in April, according to figures from HM Revenue and Customs (HMRC). Some 106,780 transactions took place last month, which was 3.9% down compared with March. The total was ...

24 May 2022 at 12:04

Personal Finance

Tax credit claimants to receive second cost-of-living payment from November 23

More than one million households receiving tax credits, and no other means-tested benefits, will get their second cost-of-living payment from November 23, HM Revenue and Customs (HMRC) has confirmed. This £324 payment will be ...

20 Oct 2022 at 12:46

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

Billions of pounds awarded as part of Covid-19 employment support schemes were lost in fraud and error, a public spending watchdog has warned. The National Audit Office has criticised the Government for not doing more to ...

13 Oct 2022 at 07:53

Personal Finance

Number of ‘pension millionaires’ actively paying into pots falls

The number of “pension millionaires” actively contributing to their pots has fallen, HM Revenue & Customs (HMRC) figures indicate. Some 1,700 people with funds of at least £1 million were paying into “relief at source” ...

10 Nov 2022 at 07:00

Personal Finance

Online payment plans set up by nearly 21,600 self-assessment taxpayers

Nearly 21,600 self-assessment taxpayers have set up a plan since April 6 this year to spread the cost of their tax bill, HM Revenue & Customs (HMRC) has said. These people were unable to pay what they owed in full and ...

08 Nov 2022 at 13:23

Conservative MP made bankrupt due to £1.7m debt

A Conservative MP has been made bankrupt after a judge in a specialist court heard how he owed around £1.7 million. Judge Nicholas Briggs made a bankruptcy order against Adam Afriyie, who represents Windsor, at an ...

13 Dec 2022 at 14:53

House sales remain slightly higher than pre-pandemic levels

House sales remained slightly higher than pre-pandemic levels in November, according to HM Revenue and Customs (HMRC) figures. Across the UK, an estimated 107,190 house sales took place in November, which was 13% ...

21 Dec 2022 at 10:16

Scientologists win the latest stage of ‘public worship’ legal fight

Scientologists have won the latest stage of a legal fight centred on whether a Church of Scientology chapel is a place of “public religious worship”. The Church of Scientology Religious Education College became ...

10 Jan 2023 at 14:50

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