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The Latest Breaking News from HMRC

Biggest stocks and shares Isa accounts worth around 17 times top cash Isas

The data ‘reveals a clear and growing divide between saving and investing’, according to InvestEngine, which obtained figures from HMRC.

Evening Standard

Figures reveal top stocks and shares Isa pots worth huge amount more than cash Isa accounts

Approximately 3,080 ISA accounts held a market value exceeding £1 million in the same tax year

The Independent UK

HMRC's PAYE Child Benefit System Goes Live – Why Fluctuating Earners Face Overpayment Nightmare in 2025/26

HMRC's new PAYE system for child benefit repayments risks overpayment for fluctuating earners. Commission workers and bonus earners may face double deductions during 2025/26.

International Business Times UK

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UK unemployment rises to 5%, the highest level in four years

ONS says jobs market worsening before budget, as HMRC reports falling number of workers on firms’ payrolls

The Guardian - UK

HMRC Child Benefits Crackdown Backfires: 23,500 Families Flagged for 'Leaving the UK' — Even Those on Short Holidays

HMRC wrongly suspended child benefits for 23,500 UK families flagged as abroad, after an automated fraud check misread short trips and travel data.

International Business Times UK

HMRC to review suspension of child benefit payments to 23,500 people

Cases are now being reviewed after a growing number of complaints from people who briefly left the UK and returned to find their payments had been stopped

The Independent UK

Home Office data in HMRC benefit fraud trial wrong in 46% of cases

Exclusive: Almost half of families flagged as emigrants based on Home Office travel data were still living in UK

The Guardian - UK

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UK divisions of ticket resale website Viagogo hit with £15m bill over tax shortfall

Company already under scrutiny on ‘secondary ticketing’ amid outcry over touts using such platforms to exploit fans

The Guardian - UK

How might Reeves increase income tax – and what does it mean for you?

The budget could involve a range of rises – here’s how they would stack up for different levels of income

The Guardian - UK

The rehabilitation of David Beckham and why being knighted was always part of the plan

IN FOCUS: After almost 20 years of waiting, David Beckham has finally got his knighthood. Katie Rosseinsky explores how this is the latest stage of a canny reputational reboot for the former England captain, who has bonded over the ‘good life’ with the King

The Independent UK

Company linked to Michelle Mone owes £39m in unpaid taxes

Statement by administrators puts PPE Medpro’s total debts at £188m, including £39m said to be owed to HMRC

The Guardian - UK

Mediocre movies, millions in taxpayer cash: how scores of films from low-profile UK producer were funded mainly by public money

Creative industries are ‘crucial to the economy’ but film-making and tax have long had an uneasy relationship in Britain

The Guardian - UK

HMRC worker ordered to pay £20,000 after refusing to return to office after lockdown

Tribunal found ‘no medical reason’ why Martin Bentley could not return to office after pandemic

The Independent UK

MPs ask HMRC to explain child benefit error that froze payments to parents

Answers demanded after 23,500 families wrongly suspected of fraud when incorrect data showed they had left UK

The Guardian - UK

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The Guardian - UK

HMRC gave a refund from my tax account to fraudster making repayment claim

I was in credit but HMRC handed £2,500 over to someone impersonating me on the phone, and says I’m in debt

Evening Standard

Rachel Reeves prepares raid on pension tax perks

The Chancellor is reportedly planning to reform ‘salary sacrifice’ schemes

The Guardian - UK

HMRC likely to have breached privacy laws in stopping child benefit – experts

Watchdog contacts tax authority after families’ payments stopped based on flawed travel data

The Guardian - UK

‘He’s a true legend’: what now for Frankie Dettori as racing’s biggest name leaves the stage?

The last person who transcends the sport could make more headlines at the Breeders’ Cup

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International Business Times UK

Winter Fuel Payment Pensioners Warned After 153% Spike in Scam Texts Hits the UK

Surge in winter fuel payment scams: 153% more texts targeting pensioners in 2025. Spot fakes, forward to 7726, claim automatic £300 aid

The Guardian - UK

Woman turned away from UK-Italy flight due to ill child has benefit stopped

Family denied entry at gate after one of their children had epileptic seizure – but HMRC said she took a one-way trip

The Guardian - UK

UK woman who booked Oslo flight but did not fly loses child benefit ‘because she emigrated’

Exclusive: HMRC told Lisa Morris-Almond there was no record of her return to UK, but she did not take the trip

TechRadar

The rise of the AI accountant: Cheaper. Faster. Riskier?

Taxfix recently conducted a survey of people who file Self Assessment tax returns in the UK and found that 59% plan to use AI tools to help them complete their returns ahead of HMRC’s 31 January deadline.

The Guardian - UK

HMRC pauses child benefit crackdown after 23,500 families caught up in data error

Parents say they were treated as fraudsters because Home Office travel records failed to show their return to UK

The Independent UK

HMRC froze 23,000 families’ child benefit over incomplete travel data

One mother saw her child benefit stop after a trip lasting less than 24 hours

The Guardian - UK

HMRC cuts child benefit for 23,500 families based on incomplete travel data

UK tax agency apologises after flagging people as having emigrated, often when they return via different routes

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