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The Latest Breaking News from HMRC

UK shelves £110m frictionless post-Brexit trade border project

Programme launched by last Tory government was worked on by Deloitte and IBM but was paused in 2024

The Guardian - UK

Firm that went bust owing £650k to HMRC offers staff Las Vegas trip after being bought by ex-owner

Acquisition by Premier Group Recruitment boss Andrew Woosnam appears to be example of ‘phoenixism’

The Guardian - UK

Record 1,000 UK taxpayers under 30 earned more than £1m last year

HMRC figures show 11% rise in young million-pound earners, with influencers and tech pay cited as key

The Guardian - UK

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Cash-strapped parents unable to pay into children’s Junior ISA accounts

Parents have the ‘right intentions’ but everyday living costs are crowding out long-term saving

The Independent UK

Financial ‘pain’ for first-time buyers revealed in stamp duty figures

Money app Plum said that first-time buyers face particular difficulties, given the financial challenges they already have in raising a deposit.

Evening Standard

More than 750,000 young adults missing out on thousands – here’s how to check and claim

One young person said her fund ‘saved me from going into an overdraft or borrowing money’

The Independent UK

Warning issued over new salary sacrifice rules set to impact pensions

The schemes enable people to maintain their take-home pay as they end up paying lower national insurance contributions

The Independent UK

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Salary sacrifice pension changes ‘could see people on modest incomes losing out’

From 2029, salary-sacrificed pension contributions above an annual £2,000 threshold will no longer be exempt from national insurance contributions.

Evening Standard

HMRC shares urgent advice to anyone who has missed tax deadline

IN FULL

The Independent UK

One million people face fines as HMRC tax deadline passes

People may be able to avoid a penalty if they have a reasonable excuse for filing late

The Independent UK

1m people miss self-assessment cut-off with 475,722 taxpayers filing on last day

Those who have missed the self-assessment deadline face a £100 penalty.

Evening Standard

HMRC thinks I am someone else – and it’s costing me £450 a month

Tax authority has associated a stranger’s national insurance number to my own, and is charging me as if I have two jobs

The Guardian - UK

Families call for inquiry into residential care charity that ran up £1.6m debt

William Blake House in Northants accused of mismanagement after revelation it paid one of its own trustees £1m

The Guardian - UK

Coronation Street's Simon Gregson turns to £37 curry nights amid £165k HMRC debt

The TV actor is working to repay a £165,000 debt to HMRC

Evening Standard

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Evening Standard

Last-minute rush for taxpayers with just hours before self-assessment deadline

Those who miss the January 31 deadline face an automatic £100 penalty, which could be followed by further possible fines.

The Independent UK

10 ways to save during the February half term, from a consumer writer

Half term can be a stressful time for parents. Not only is the burden of childcare on your shoulders, but there’s also the pressure to provide entertainment throughout the week, which is why I’m here to help you cut costs on everything from childcare to meals out with the family.

The Independent UK

HMRC to introduce new ‘penalty points’ system in 2026

Millions of taxpayers will be affected by the changes in the near future

The Independent UK

HMRC issues warning to taxpayers as self-assessment deadline looms

HMRC has urged anyone who still needs to file their tax return to act now

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news in one place.

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The Independent UK

More than 10m people have filed tax returns as self-assessment deadline looms

People who miss the deadline on Saturday could face an initial £100 penalty.

Evening Standard

Mortgage approvals to home buyers drop to lowest level in year-and-a-half

Finance and property experts said they expect to see momentum rebuilding in the months ahead.

The Independent UK

Rachel Reeves urged to give families more time to settle inheritance tax bills after law change

Pensions will be included in inheritance estates for the first time from 2027

The Independent UK

Expert tips to make sure your business is ready for incoming Making Tax Digital changes

The self-assessment deadline isn’t an end to tax matters for another year

The Independent UK

Warning as HMRC tax return deadline approaches

IN FULL

The Independent UK

HMRC warns 3.3 million taxpayers have days left to avoid £100 fine

HM Revenue and Customs is urging millions of customers to act now or risk missing the January 31 deadline

Evening Standard

3.3m people have around a week left to file self-assessment tax returns

HM Revenue and Customs is urging taxpayers and agents to act now or risk missing the January 31 deadline and face penalties.

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