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The Latest Breaking News from HMRC

Over 1 Million Britons To Pay At Least £100 Penalty To HMRC For Missing Tax Returns Deadline

HMRC also notes that there are additional penalties for paying late—5% of the tax unpaid at 30 days, 6 months, and 12 months.

International Business Times UK

Martin Lewis update for eBay, Vinted and Etsy sellers on HMRC rules

Martin Lewis has reassured eBay, Vinted and Etsy sellers in an update about the HMRC rules

The National (Scotland)

Over 1m people face fines after missing HMRC self-assessment tax deadline

Penalty of £100 kicks in on 1 March for those who failed to pay by 31 January, and rises after three, six and 12 months

The Guardian - UK

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11.5m taxpayers file returns on time but 1.1m face charge after missing deadline

Thousands of people submitted their tax return with just minutes left to go before the deadline, according to HM Revenue & Customs.

Evening Standard

Barclays services back to normal after technical issue

Delayed payments have now been processed after the bank was hit by an outage over the weekend

The Independent UK

Barclays says services are back to normal after technical issue ‘resolved’

The bank said the issue had been resolved on Sunday morning and delayed payments processed.

Evening Standard

Barclays customers faces third day of disruption

It is understood the problem has been caused by a technical issue

The Independent UK

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Barclays outage continues as customers face third day of disruption

The bank said it has been tackling ‘ongoing technical issues’ since Friday

The Independent UK

Barclays customers face third day of banking chaos as IT outage drags on

The bank said it has been tackling ‘ongoing technical issues’ since Friday.

Evening Standard

Disruption to Barclays services likely to continue following IT issues

The bank has warned some people may see an outdated balance, and payments made or received may not show following the initial IT outage on Friday.

Evening Standard

Barclays technical issues continue more than 24 hours on from initial outage

Barclays has been experiencing technical issues since Friday with customers unable to make payments or see updated balances.

Evening Standard

Barclays IT glitch locks customers out of accounts for almost 24 hours

Outage comes on HMRC’s deadline day for settling self-assessment tax returns and a pay day for many workers

The Guardian - UK

Britain hands £67m Brexit contract to firm at centre of Post Office IT scandal

Exclusive: Lord Arbuthnot, who campaigned for wrongly convicted subpostmasters, said it sent the message the country ‘doesn’t care about the unethical behaviour shown by Fujitsu’

The Independent UK

Roman Abramovich’s tax affairs must be investigated, MPs say

Cross-party group on tax calls for HMRC to act after Guardian investigation finds former Chelsea owner may owe up to £1bn

The Guardian - UK

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The Independent UK

Martin Lewis warns Vinted and Ebay sellers they have days until 'side hustle' deadline

Martin Lewis has warned some Vinted and eBay users that they have days before a new HMRC deadline comes into effect.

The Guardian - UK

Roman Abramovich may owe HMRC £1bn for unpaid taxes, analysis shows

Exclusive: Leaked papers suggest billionaire’s overseas firms should have paid UK tax on profits from hedge funds

The Independent UK

Mistakes to avoid on your tax return as Martin Lewis issues warning over delays

The Money Saving Expert founder cautions against leaving it until the last moment - and over child benefit allowances

Evening Standard

Independent review into Loan Charge launches

The review aims to bring an end to the matter for those affected and is expected to conclude in summer 2025.

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The Independent UK

3.4m people have until end of January to file tax returns

Around 8.6 million people have already filed their 2023-24 tax return, HMRC said.

The Independent UK

Do I need to declare bitcoin and other cryptocurrency profits on a self assessment tax return?

If you’ve sold NFTs, dabbled in doge or got paid in bitcoin, it all needs to be accounted for with HMRC

The Independent UK

Expert tips for filing your first self-assessment tax return – and how to do better next year

The 31 January deadline for filing a self assessment tax return is today

Evening Standard

HMRC should ‘take seriously’ recommendations, says spending watchdog chairman

An exchange of letters between bosses at the Public Accounts Committee and HM Revenue and Customs was published on Wednesday.

The Independent UK

How to reduce your tax bill as self-assessment deadline looms

The date for your diary is 31 January – by then your returns must be filed and paid

The Guardian - UK

Watchdog accuses HMRC of deliberately ‘degrading’ phone services

Long call waiting times have ‘damaged trust in the tax system’, public accounts committee report says

The Independent UK

HMRC ‘degrading its own services as a matter of policy’

Customer service has continued to deteriorate, the Public Accounts Committee said, as it urged the tax authority to be bolder in tackling abuse.

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