All the updated news related to hmrc

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Personal Finance

Nearly 66,500 ‘early birds’ file returns on first day of new tax year

Nearly 66,500 people filed their 2021/22 tax return on the first day of the new tax year, HM Revenue and Customs (HMRC) has said. In recent years, increasing numbers of “early-bird” customers have been filing their completed self-assessment tax ...

12 May 2022 at 16:25

Fugitive Briton accused of laundering £1bn arrested in Spain while walking dogs

A British woman who has been on the run for nearly nine years amid accusations that she laundered £1 billion as part of a VAT fraud has been arrested while walking her dogs in Spain. Sarah Panitzke, 47, was held in Catalonia on Sunday and is ...

01 Mar 2022 at 12:55

Scotland

No evidence Scotland’s higher tax rates have increased evasion – Auditor General

There is no evidence that higher rates of tax in Scotland compared to England has affected how many people pay their taxes north of the border, the UK’s Auditor General has said. The head of the National Audit Office (NAO), Gareth Davies, ...

03 Feb 2022 at 15:26

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

City

Wise boss under investigation by City watchdog after tax breach

The billionaire co-founder and chief executive of Wise is being investigated by the City watchdog over his status as a so-called deliberate tax defaulter, the money transfer group has revealed. Wise said the Financial Conduct Authority ...

27 Jun 2022 at 09:17

City

Wise posts higher profits amid watchdog probe into founder’s tax default

Money transfer group Wise has unveiled a rise in profits and surge in customers as its boss faces a City watchdog investigation after defaulting on his taxes. The group, which floated in a record-breaking London listing last July, ...

28 Jun 2022 at 09:28

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 ...

02 Aug 2022 at 14:33

HMRC scraps plans for new inland border facility in Dover

Plans for a new inland border facility (IBF) in Dover will no longer go ahead, HM Revenue & Customs (HMRC) has announced. It was hoped a new facility, located at a business park off the A2 in Kent, would see millions of ...

16 Jun 2022 at 18:01

Dover MP calls for more border posts as plan for new customs centre is ditched

The MP for Dover has said more border posts are needed in Kent. Her statement comes as Her Majesty’s Revenue and Customs (HMRC) announced it will no longer go ahead with plans to open a new inland border facility (IBF) ...

17 Jun 2022 at 12:24

Sajid Javid dismisses tax affairs claim as Labour ‘smear campaign’

Sajid Javid has dismissed allegations that he potentially avoided paying hundreds of thousands of pounds in British tax before entering politics as “typical smear attacks” from Labour. Shadow health secretary Wes ...

08 Jun 2022 at 12:31

City

Biffa ponders £1.4bn bid from US firm amid potentially costly HMRC probe

Waste management company Biffa has signalled it would be willing to accept a potential £1.4 billion bid from a US investor. The company also revealed it is under investigation by HM Revenue and Customs, a probe ...

07 Jun 2022 at 10:31

Scotland

Scotland’s unemployment rate falls to record low

Unemployment in Scotland fell to a record low in the last quarter, according to latest figures. Data from the Office for National Statistics (ONS) showed the unemployment rate for those aged 16 and over ...

17 May 2022 at 08:55

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2026

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self-assessment
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