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The Latest Breaking News from HMRC

HMRC boss ‘regrets’ frustrations over £49m phishing scam disclosure

The revenue body has faced criticism and questions over why MPs were not told earlier about a breach affecting around 100,000 taxpayers.

Evening Standard

HMRC failure to notify MPs sooner about £49m phishing scam ‘unacceptable’

In a letter to HMRC, Treasury Committee chairwoman Dame Meg Hillier said that to discover the information during a session ‘is unacceptable’.

Evening Standard

HMRC phishing scam rises to £49m as MPs criticise ‘unacceptable’ delay

Approximately 100,000 taxpayers were affected by an ‘organised crime’ incident which started last year

The Independent UK

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HMRC Ordered to Pay £25K After Sending Sick Worker a Birthday Card and Calling 11 Times in 3 Weeks

HMRC was fined £25,000 after sending an unwanted birthday card to a sick employee, as well as calling her 11 times on her sick leave! Here's what the judge explained.

International Business Times UK

The long and winding road to David Beckham’s knighthood

The former England captain may feel he is finally being duly rewarded but it has not come without its questions

The Guardian - UK

Scammers stole €55.8 million from UK tax office in phishing attack

The criminal group behind the scam targeted the online accounts of around 100,000 taxpayers.

Euronews

‘Unacceptable’ amount stolen in HMRC phishing attack

IN FULL

The Independent UK

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Darts star falls foul of HMRC over £450k tax bill

IN FULL

The Independent UK

Former world darts champion Rob ‘Voltage’ Cross banned as company director over £450k in unpaid taxes

Rob ‘Voltage’ Cross fell foul of the taxman over money taken out of the company he used to collect his earnings

The Independent UK

HMRC admits £47 million loss in breach of 100,000 taxpayer accounts

HMRC has lost £47 million after a phishing scam breached tens of thousands of tax accounts

The National (Scotland)

100,000 UK taxpayer accounts hit in £47m phishing attack on HMRC

MPs on Treasury committee hear that those affected were being contacted and would face ‘no financial loss’

The Guardian - UK

HMRC lost £47m after criminals breached 100,000 taxpayer accounts, MPs hear

HMRC has lost £47 million after an “organised crime” breach of tax accounts, a group of MPs has heard ...

The National (Scotland)

HMRC has lost £47 million in breach of 100,000 taxpayer accounts, MPs hear

Taxpayers who are being contacted will suffer ‘no financial loss’, according to John-Paul Marks, the chief executive of HMRC.

Evening Standard

100,000 HMRC accounts hit as scammers steal £47m in phishing attack

Taxpayers who are being contacted will suffer ‘no financial loss’

The Independent UK

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news in one place.

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International Business Times UK

Understanding HMRC's £1,400 Letters: What They Mean and Why You Might Not Owe Anything

HMRC is sending £1,400 tax bills, but you may not owe a penny. Learn how to check, challenge, and avoid overpaying tax.

Evening Standard

House sales ‘plunge’ in April as stamp duty deadline ends buyer stampede

The dip was attributed to changes to stamp duty in April which mean buyers have to find a larger lump sum

The National (Scotland)

The 44 Scottish firms named and shamed for failing to pay minimum wage

Pizza Express, Lidl, British Airways, and outsourcing firm Capita are among the British businesses named by the Government for failing to pay some…

The Independent UK

How your pension salary sacrifice works – and what HMRC tax changes would cost you

Workplace contributions have proven a key part of improving people’s future wealth

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Evening Standard

Kate Garraway 'shocked' by £288,000 tax bill amid debt struggles after husband Derek Draper's death

Kate Garraway has expressed her shock after the latest details of her financial struggles were revealed following her husband Derek Draper's death.

The Independent UK

HMRC collects £780m in just one month of inheritance tax

IHT is expected to raise in excess of £9bn for the Treasury this financial year

Evening Standard

Some first-time buyers accessing bumper Lifetime Isa deposits of £50,000-plus

Savings app Plum found that the top 25 withdrawals made to buy a home in the financial year 2022-23 averaged £51,000.

Evening Standard

Around 1m pensioners paying income tax at 40% or above

The number of people at state pension age or older who are paying the tax at 40% or above has doubled in four years, according to HMRC figures.

The Guardian - UK

Wealthy Britons avoiding more tax than previously thought, spending watchdog says

NAO says tax gap for rich individuals may be much more than £1.9bn and urges ministers to redouble efforts

The Guardian - UK

Former footballers claim ‘financial grooming’ took them to ‘hell and back’

Politicians and former footballers have protested at the ‘financial grooming’ of Premier League stars who claim they were misled over investment schemes

The Guardian - UK

There’s one slight issue with Labour’s immigration plans: they’re completely untethered from reality

The government’s new policy will take us back to an uglier, more dangerous place – and it’s not even supported by the data, says professor of public policy Jonathan Portes

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