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The Latest Breaking News from HMRC

Recruiter places ‘phoenix’ firm into liquidation just months after repurchase erased millions in debt

New company reportedly quickly fell behind with promised repayments to administrator

The Guardian - UK · Aug 30

The pensioners eligible for £300 winter fuel payment this year under DWP rules

Five groups of pensioners will not be eligible for the payout

The Independent UK · Aug 29

True cost of Brexit on UK trade revealed as calls to rejoin single market grow

Exclusive: The damning findings comes as a major new survey shows that 98.2 per cent of businesses want access to the EU single market restored

The Independent UK · Aug 28

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UK house sales fall as high mortgage rates dampen housing market

There were an estimated 96,710 home sales in July, according to figures from HMRC

The Independent UK · Aug 28

UK house sales stagnant last month but market showing ‘resilience’

Across the UK, there were an estimated 96,710 home sales in July, according to figures from HMRC.

Evening Standard · Aug 28

Jamie Carragher Tax Debt Reportedly Near £800,000 as HMRC Bankruptcy Petition Nears Settlement

Jamie Carragher is seeking to settle a reported £700,000–£800,000 tax debt after HMRC filed a bankruptcy petition at the High Court.

International Business Times UK · Aug 27

Government collects record capital gains tax as 181,000 more pay up

Capital gains tax receipts totalled £24.2 billion in the 2024-25 tax year, an 89% increase on the year before, HMRC said.

Evening Standard · Aug 27

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Sky Sports pundit Jamie Carragher facing bankruptcy petition over unpaid tax claim

IN FULL

The Independent UK · Aug 27

Jamie Carragher faces bankruptcy petition from HMRC over unpaid tax bill

Jamie Carragher faces being declared bankrupt after he allegedly failed to pay a tax bill, which is reportedly between £700,000 and £800,000.

Evening Standard · Aug 27

Liquidator appointed to Grangemouth engineering firm after HMRC court action

A LIQUIDATOR has been appointed to a Scottish civil engineering firm ...

The National (Scotland) · Aug 27

With Nige still sulking, it was left to Honest Bob to unveil Reform UK’s latest ‘policies’

The sense of futility hanging over the room was almost overwhelming as Robert Jenrick took the stage

The Guardian - UK · Aug 26

Business owners would get £30 for HMRC phone delays, Jenrick announces

The Reform UK Treasury spokesman said the plans were aimed at speeding up the tax office’s services for small businesses.

Evening Standard · Aug 26

Tax Experts Reveal Prince Harry and Meghan Markle Successfully 'Avoided the Anti-Avoidance' With UK Return

Prince Harry and Meghan Markle's return to the UK after more than five years abroad could place them outside Britain's temporary non-residence rules for certain gains, although their exact tax position depends on residence status and individual transactions. Meghan would also remain subject to US tax filing obligations as an…

International Business Times UK · Aug 25

Tax on second incomes: Everything you need to know from thresholds to which earnings count

Whether you’re making extra cash delivering takeaways, taxi-driving, creating content or anything else, you need to know the rules which apply

The Independent UK · Aug 25

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Evening Standard · Aug 23

Average loss to impersonation scams is up by 10% in a year, says Lloyds

The bank said reports of some types of impersonation scam have increased.

Evening Standard · Aug 23

Londoners face 'sinister' Government home inspections as part of mansion tax enforcement

Valuation agents working for HMRC will visit properties to assess whether they are worth more than £2 million and therefore liable for the new levy

International Business Times UK · Aug 20

81,000 Crypto Investors Warned by HMRC: 'Shooting Fish in a Barrel' Is Coming

HMRC's 81,000 crypto tax letters impact UK taxpayers. Learn about disposals, the £3,000 CGT allowance, and how timely disclosure can avoid penalties. Stay compliant and protect your crypto.

The Independent UK · Aug 20

1.8m people to receive shock ‘simple assessment’ HMRC tax bill - here’s why and what to check next

Tax bills can be generated by earning more interest on your savings, from dividend payments or a range of other places

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The Independent UK · Aug 20

More than 80,000 crypto traders told to cough up tax in HMRC crackdown

If you’ve made profit off Bitcoin or other cryptos, you may need to pay tax

International Business Times UK · Aug 20

'They're Broke and Don't Like Trump': White House Official's Wife on Why Prince Harry Is Leaving the US

Prince Harry and Meghan Markle relocate to Britain amid Trump tensions and upcoming UK tax changes. Discover how this move impacts their finances and future plans.

The Economic Times · Aug 19

The UK pension pot question: Why 2026-27 is the year to decide

Starting April 2027, UK pension pots will be subject to inheritance tax, prompting a reevaluation of legacy planning strategies. For Indians holding UK pensions, transferring them to Indian QROPS before this deadline becomes vital. This process involves specific forms and an exact completion sequence. Indian pension schemes present a variety…

TechRadar · Aug 14

The operational gap in R&D Tax: Where good claims break down

The global stage of innovation is once again shifting, and where Silicon Valley once dominated over all, other equally powerful regions are rising up to challenge it.

International Business Times UK · Aug 14

HMRC Gives Parents £2 for Every £8 Paid Into Childcare Account: Who Can Claim £2,000

The UK government's Tax-Free Childcare scheme offers families up to £2,000 annually towards childcare costs, with a 20% top-up for eligible accounts, benefiting working parents with children under 11.

The Independent UK · Aug 12

Over two million pensioners to pay tax on savings, HMRC reveals

More than £3 billion is set to be paid in savings tax by pension-age savers, new data shows

International Business Times UK · Aug 7

This Government Childcare Scheme Could Save Working Parents Nearly £100 a Month—Many Still Haven't Signed Up

HMRC is urging eligible families to sign up for Tax-Free Childcare, which could save parents nearly £100 a month and provide up to £2,000 per child annually.

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