The Latest Breaking News from HMRC

Thousands of Lanarkshire residents among 10.2m in UK to file self-assessment by deadline

HUge number filed their 2020/21 tax returns by the January 31 deadline, HM Revenue and Customs (HMRC) has revealed.

Daily Record · Feb 5, 2022

HMRC updates cryptocurrency tax guidance on staking and decentralized finance lending

Definitions of ‘capital’ and ‘income’ have also been clarified.

Daily Record · Feb 4, 2022

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

The UK’s Auditor General said there has been no significant impact on Scotland’s income tax revenue due to divergent rates.

The Independent UK · Feb 3, 2022

HMRC warning to self-employed ahead of tax return deadline at midnight on Monday

Self Assessment tax returns must be filed by 11.59pm on Monday, January 31.

Daily Record · Jan 31, 2022

Parents of adults taxed by HMRC as if still getting child benefit

Those people still to file their 2020-21 self-assessment return should check if they are due a refund

The Guardian - UK · Jan 29, 2022

Work from home tax relief paying employees £125 a year set to come to an end

The relief comes from HMRC and is part of the 'work from home' allowance which applies to anyone who has been asked to carry out their job from home for even one day since April 6 2020

Daily Mirror · Jan 28, 2022

Working from home £125 tax relief rule 'being reviewed'

Tax break helps people working with their household bills

Wales Online · Jan 28, 2022

Huge jobs boost for Lanarkshire as 100 new posts created at rescued EK tax office

HMRC is advertising for civil servants following the news that the Queensway House branch has been saved from closure.

Daily Record · Jan 27, 2022

How to avoid losing wages with child benefit loophole – but you need to act now

Under the high income child benefit charge, parents who earn over £50,000 have to pay some of the money back to the government each year - but there may be a way around it

Daily Mirror · Jan 27, 2022

HMRC urges working families not to miss out on £500 tax-free boost every three months

Tax-Free Childcare allows parents or carers to receive a 20% UK Government top-up on any money deposited.

Daily Record · Jan 27, 2022