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The Latest Breaking News from HMRC

HMRC to dip into debtors’ bank accounts to recover owed tax

Direct recovery of debts is used when a person or business can afford to pay what they owe but are choosing not to.

Evening Standard

Martin Lewis Savings Account Warning: Got £10,000 In Your Bank Account? You Could Get Higher Tax

Martin Lewis warns UK savers with £10k+ that frozen 2025 allowances could trigger tax on interest. Explore PSA limits, starting rate relief, and £20k cash ISA shields to avoid HMRC bills.

International Business Times UK

5 common mistakes made by creative freelancers juggling incomes, by a tax expert

Tips for handing tax without drama.

Creative Bloq

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

Insolvent UK recruiter acquired by previous owner who took millions out

Premier Group Recruitment went into administration with debts of £2.9m – including £647,000 owed in tax

The Guardian - UK

HMRC handed out £5.5m in late tax return fines in one year

The initial fine of £100 increases by £10 a day to a maximum of £900.

Evening Standard

How Scottish public sector workers are being put at risk from tax avoidance schemes

Scottish companies are roping NHS and council workers into veiled tax avoidance schemes that could see them hit with big unexpected tax bills ...

The National (Scotland)

Reform UK receives £100,000 donation from design firm that faced winding-up petition

Exclusive: Interior Architecture Landscape, which faced closure by HMRC early this year, made donation in June

The Guardian - UK

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On the road with the minister tasked with defending Britain’s painful aid cuts to Ghana

Jenny Chapman is shown the impact of her government’s ever-diminishing assistance on her first trip accompanied by the media since taking charge of development

The Guardian - UK

H1: HMRC Basic PAYE Tools review

PAYE tools straight from HMRC, but other free options offer a lot more.

TechRadar

IRIS Payroll Basics review

Free, HMRC-approved payroll, but only for the short term

TechRadar

‘Our plans could be derailed’: family firms say Labour tax rises will force fire sales

Manufacturers say new rules on passing on assets threaten investment and future survival of businesses

The Guardian - UK

Staffology Payroll by IRIS review

Staffology Payroll is a powerful payroll system with handy automation, but it’s an expensive option for small businesses.

TechRadar

1st Money review

1st Money offers totally free payroll software for under 10 workers, or a cheap plan for larger businesses.

TechRadar

Wealthy parents rush to give children their assets as tougher UK inheritance tax rules loom

Big family enterprises, which previously paid no IHT, will face tax of 20% on value above £1m from April

The Guardian - UK

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Evening Standard

Raise the £450k LISA limit to give London's first time buyers a helping hand

There is a strong case for committing to an annual review of the property price cap to ensure it keeps pace with the ever-changing market

Evening Standard

Angela Rayner: Key events leading up to Deputy PM’s resignation over tax affairs

Ms Rayner has faced mounting pressure to stand down.

The Independent UK

Angela Rayner steps down over stamp duty row

IN FULL

The Guardian - UK

Nigel Farage uses private company to pay less tax on GB News earnings

Exclusive: Reform leader’s use of personal services firm is a practice criticised across the political spectrum

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news in one place.

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Evening Standard

Angela Rayner’s lawyers deny giving her tax advice on flat in fresh blow to deputy PM in stamp duty storm

Firm that handled purchase of her £800,000 Hove flat say 'we did not and never have given tax or trust advice' as Sir Keir Starmer declines to rule out sacking his deputy

The Independent UK

Angela Rayner’s lawyers insist they did not give tax advice blamed for stamp-duty scandal

‘We’re being made scapegoats – we’re not qualified to give advice on trust and tax matters,’ say conveyancers

The Independent UK

It is time for Angela Rayner to be moved on

THE INDEPENDENT VIEW: Editorial: The deputy prime minister has had too many property tangles for her to continue in the role of housing secretary. In a forthcoming ministerial reshuffle, she should expect to lose that portfolio – though not necessarily suffer a humiliating demotion

The Independent UK

Voices: ‘The judge in this case will be HMRC’: Readers react as Angela Rayner admits tax mistake

YOUR VIEWS: Our community is divided over the deputy prime minister’s tax error. While some have insisted she knew what she was doing and should resign, others have defended her for relying on professional advice and correcting the mistake

The Guardian - UK

Rayner’s future in balance as firm used to buy flat in stamp duty row says it did not offer tax advice

Report from prime minister’s standards adviser, Laurie Magnus, is due today

The Independent UK

The key events in stamp duty saga that led to Angela Rayner’s resignation

The deputy PM is leaving government over unpaid tax. Here’s how we got here

Evening Standard

Angela Rayner: Key events in stamp duty row

Here the PA news agency looks at the timeline of how Ms Rayner’s tax affairs came to light.

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