All the updated news related to revenue customs

All the news related to revenue customs 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

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 prevent mistakes and ...

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” schemes in 2020-21. ...

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 so set up an online ...

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 online hearing in the ...

13 Dec 2022 at 14:53

Personal Finance

100,000 more people dragged into paying higher rate tax in 2020/21

Thousands more people ended up paying higher tax rates between the tax years 2019/20 and 2020/21, according to HM Revenue & Customs (HMRC) figures. The number of higher rate taxpayers increased by 100,000 between the two tax years, to ...

08 Mar 2023 at 13:43

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 involved in a dispute, ...

10 Jan 2023 at 14:50

Sunak fires Zahawi for ‘serious breach’ after tax affairs row

Nadhim Zahawi has been fired by Rishi Sunak for a “serious breach” of the Ministerial Code, following days of controversy over the Conservative Party chairman’s tax affairs. Mr Zahawi, who was appointed to the role by the Prime ...

29 Jan 2023 at 16:42

Sunak remains under pressure after Zahawi sacking

Rishi Sunak still faces questions about his own knowledge of Nadhim Zahawi’s tax affairs, after he moved to sack the Tory chairman. The Prime Minister fired the Conservative Party chairman early on Sunday morning, shortly ...

30 Jan 2023 at 00:01

Sunak fights back saying he acted ‘decisively’ by sacking Zahawi over tax fiasco

Rishi Sunak has insisted he acted “pretty decisively” by sacking Nadhim Zahawi for breaching the ministerial code over his tax affairs as he vowed to restore “integrity” to politics. The Prime Minister said he followed ...

30 Jan 2023 at 17:23

Sunak stresses commitment to integrity following Zahawi sacking

Rishi Sunak said he acted decisively in sacking Nadhim Zahawi as he stressed that “integrity is important to me”. The Prime Minister sacked the Tory party chairman for breaches of the ministerial code in relation to ...

30 Jan 2023 at 11:51

Personal Finance

Average 27-minute wait on HMRC self-assessment helpline in January

People calling HM Revenue & Customs’ self-assessment helpline have faced a 27-minute waiting time on average so far this month. In December, the average waiting time was 28 minutes, according to a letter from HMRC ...

25 Jan 2023 at 10:23

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