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The Latest Breaking News from HMRC

Why a wealth tax would not add up

Letter: Mark Husbands responds to Brian Cox’s call to tax the super-rich

The Guardian - UK

Deepfake scam calls are costing British victims hundreds each time - here's how to stay safe

Criminals are using AI deepfake calls to scam people, here's what you need to know.

TechRadar

HMRC Announces New Advisory Fuel Rates: Impact On Petrol, Diesel, And Electric Car Owners

HMRC has announced new advisory fuel rates effective 1st March, with some petrol and diesel car rates increasing while others remain stable.

International Business Times UK

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Mind the gap: why filling the holes in your NI record could pay dividends

Voluntary contributions of about £800 to £900 for each missing year could boost your state pension by thousands

The Guardian - UK

HMRC issues £900 fine warning over tax returns after interest cut

HMRC has cut the interest rate on late payments in response to the Bank of England's recent base rate cut

Evening Standard

Dog breeders, pet sellers and waste firms face tax crackdown to stay in business

HMRC to force hundreds of thousands of workers to register in clampdown on evasion

The Independent UK

£5.5bn lost to tax evasion could be ‘vast underestimate’ by HMRC, MPs warn

The UK’s tax authority has processes which are ‘far too open to abuse’, the Public Accounts Committee warned.

The Independent UK

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Wagatha Christie: 'Murky' dealings claim in latest Rooney vs Vardy High Court battle

Coleen Rooney and Rebekah Vardy clashed again at the High Court in a battle over legal costs

Evening Standard

UK tax administration costs spiralling due to complex system, says watchdog

Businesses pay hundreds of millions of pounds more and losing trust in HMRC, reports National Audit Office

The Guardian - UK

Voices: I’m selling my entire flat on eBay – and not even HMRC will stop me

COMMENT: Without the support of my father, who passed away last year, I turned to online marketplaces to make a little extra cash – and now I’m on a roll, writes Charlotte Cripps. But new rules for sellers might scupper my side hustle...

The Independent UK

Savers could be facing an unexpected tax bill - what does it mean for you and what are interest earning limits?

If you’ve been locking in a savings rate of five per cent or more for two years, it’s time to take note

The Independent UK

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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news in one place.

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Evening Standard

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.

The Independent UK

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

Evening Standard

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.

The Independent UK

Barclays customers faces third day of disruption

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

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Evening Standard

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.

The Independent UK

Barclays outage continues as customers face third day of disruption

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.

The Guardian - UK

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 Independent 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 Guardian - 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

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