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The Latest Breaking News from HMRC

Judge gives Southend United more time to clear tax debt but issues warning

Judge Sebastian Prentis considered the National League club’s case at an Insolvency and Companies Court hearing in London.

The Independent UK

As a UK property seller living abroad am I liable for ‘sneaky stealth taxes’ such as CGT?

I lived abroad for 20 years but will return this tax year to sell my sole UK home

The Guardian - UK

More than 100 sewage leaks discovered in government buildings in England over past year

Unions say civil servants’ health endangered as legionella and insect infestations also reported

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Ending the tampon tax has just made retailers richer. Can we stop weaponising periods?

The savings on period products are not being passed on to customers, says author and campaigner Laura Coryton

The Guardian - UK

Ladbrokes owner sets aside £585m to settle HMRC bribery inquiry

Entain says it is close to ‘drawing a line’ under scandal at Turkish-facing online betting firm it owned

The Guardian - UK

Ladbrokes and Coral owner Entain puts aside £585 million to settle HMRC bribery probe

The betting giant is in negotiations over a deferred prosecution agreement, and while it is not final, it says it expects to have to pay more than half a billion pounds

Evening Standard

Benjamin Mendy chasing back pay from Manchester City, bankruptcy court told

HM Revenue and Customs (HMRC) is seeking a bankruptcy order against the former City defender over a nearly £800,000 tax debt.

The Independent UK

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Benjamin Mendy selling £5m house and chasing back pay, bankruptcy court told

The judge said the former Manchester City defender’s HMRC debt is £788,409.

The Independent UK

HMRC froze my daughter’s tax-free childcare account

Five months on, I can’t get the funds to pay her nursery fees

The Guardian - UK

Why has HMRC closed its self-assessment phone line and what help is available?

The helpline will remain closed over the summer months before reopening on September 4

Evening Standard

Martin Lewis shares child benefits warning and reveals why the payment could stop at end of this month

Parents of children aged 16 or over could risk losing their benefits

GoodToKnow

Taxman pursuing Uber for another £386 million in VAT

The dispute relates to whether VAT is applied to Uber’s profit per ride or the cost of the journey itself

Evening Standard

Jeremy Hunt oversaw signing of San Marino low-tax treaty backed by Tory donor

Exclusive: Maurizio Bragagni, who has given over £700k to Tories and £30k to chancellor, attended event

The Guardian - UK

Help! How can HMRC shut down its self-assessment help centre?

My tax calculation went through the roof for no reason and I needed to speak to someone

The Guardian - UK

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news in one place.

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The Independent UK

Number of ‘Isa millionaires’ surges to more than 4,000

Average Isa millionaire pot was £1,397,000, according to HMRC figures

The Independent UK

Number of ‘Isa millionaires’ tops 4,000

Average Isa millionaire pot was £1,397,000, according to HMRC figures obtained by financial services network the Openwork Partnership.

The National (Scotland)

Scot with MND calls on 'robbing' UK Government to pay pensions for terminally ill

A SCOT forced to end his career early because of a debilitating illness that will likely kill him has called on the UK Government to allow the…

The Conversation

Terrorists are using fraud to fund their activities – the UK government needs to act urgently

Fraud is one of the most popular methods now used to fund terrorist activities. But the connection between fraud and terrorism financing in the UK has been overlooked by successive governments, despite an acknowledgement of that link.

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news in one place.

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The Week

How to boost your finances with passive income

High inflation and rising interest rates may force many households to consider ways to generate extra income to cope with the rising cost of living.

The Independent UK

House sales down by 15% in June compared with same month in 2022

Home transactions were 6% higher in June than in May, but this may be explained by a higher number of working days in June, HMRC said.

The Guardian - UK

Tax relief system needs overhaul to prevent abuse, say MPs

Treasury committee report says tax system is too complicated and finds two-thirds of relief policies are uncosted

The Independent UK

Tangled tax break approach needs drastic overhaul, MPs warn

An inquiry by the Commons Treasury Committee expressed concern about a serious lack of scrutiny of the tax reliefs.

The Independent UK

Almost a million young adults yet to claim their child trust funds, MPs say

Many are from low-income backgrounds and are unaware of their entitlement to the savings, according to a Public Accounts Committee report.

The National (Scotland)

Former Tory councillor's PPE firm 'owes £5.5 million in tax'

A FORMER Tory councillor’s PPE firm is facing a winding-up order over £5.5 million in unpaid tax.

Ideal Home

We put your mortgage questions to two leading experts, here's what they said

As mortgage panic continues, we've answered the most common questions - from when mortgage rates will come down, to when you actually have to pay stamp duty

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