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The Latest Breaking News from HMRC

Sunak’s long-awaited tax statement shows he paid £1m in tax over three years

The Prime Minister released the summary of his taxes at the same time as the media’s attention was trained on Boris Johnson’s partygate hearing.

The Independent UK

DWP shares ‘clear rule’ which could help people check if they are due £301 cost of living payment

No qualifying period or payment dates have been announced for the first instalment of the £900 cost of living payment.

Daily Record

Martin Lewis urges 2.1m couples to claim tax perk worth more than £1,200 before deadline this month

People in a civil partnership can also claim the tax break from HMRC by using a simple online form.

Daily Record

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Martin Lewis urges people to check for 'L' and 'H' on payslips as 'millions are wrong'

The finance guru issued the word of warning during his Money Show Live on ITV.

Daily Record

Martin Lewis urges millions of people to check payslips before next month for potential tax code refund

The consumer champion said a refund for overpaid tax made before April 5 could be worth "big money".

Daily Record

How to find your child trust fund account as thousands sit on windfalls

Thousands of Gen-Z Britons are thought to be owed more than £2,000 each

Evening Standard

House sales dip but average fixed mortgage rates hit a six-month low

The number of house sales in February was 18% lower than in February 2022, but there have been recent signs of some mortgage rates edging down.

The Independent UK

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Young people urged to check for forgotten savings worth up to £2,000 in Child Trust Fund account

An estimated 145,000 18 to 21-year-olds have an average unclaimed savings pot of £1,911 in the UK Government account.

Daily Record

We got an HMRC tax rebate out of the blue – what’s going on?

A reader says his daughter was surprised to receive a cheque from a company she had never heard of

The Guardian - UK

OnlyFans creator receives tax relief on breast enhancement surgery

Tory MP Alexander Stafford says it’s right to review and close the ‘loophole’ as soon as possible

The Independent UK

Jeremy Hunt’s ‘bizarre’ ditching of pension limit ‘widens inheritance loophole for wealthy’

Institute for Fiscal Studies says the point of pensions is to fund retirement, not to bequeath large sums tax free

The Guardian - UK

DWP urged to give new £900 cost of living payment to people on contributions-based ESA

The £900 cost of living payment will only be eligible to people on a means-tested qualifying benefit.

Daily Record

HMRC lost nearly 50% more devices in 2022, nearly 2,000 missing since 2017

IT device losses at HMRC increased by nearly 50% in the space of a year, according to Freedom of Information Act (FOI) requests submitted in 2022. Statistics released under the FOI act show that between September 2021 and 2022, HMRC declared 635 lost and stolen devices. SEE MORE HMRC tells…

IT Pro

Manchester fashion brand racked up debts of almost £4m when arm collapsed into administration

Lavish Alice-branded clothes have been worn by celebrities including Katy Perry, Kendall and Kylie Jenner, Eva Longoria, Jessica Biel, Elizabeth Hurley and Lindsay Lohan

Manchester Evening News

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Liverpool Echo

Date new DWP payment rates will start for Universal Credit and other benefits

Benefit payments from the DWP and HMRC will increase by 10.1% in April

Birmingham Post

Almost £4m owed by Lavish Alice's wholesale arm as it entered administration after HMRC warning

Brand is continuing as an online-only operation and bosses say it is set for growth

Birmingham Post

Budget "not as severe as predicted" but little help for sky-high energy bills, say Welsh business leaders

One business leader said the Chanceller was "playing a long game"

Wales Online

'You can work at McDonald’s for more money': Striking civil servants protest in Cardiff over pay offer

The UK Government has urged strikers to recognise, 'what is reasonable and affordable'

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The Independent UK

Martin Lewis issues tax code warning after employer error leaves man with £5,000 bill

People should check their tax code ‘at least once a year’ or risk ‘nightmare’ scenario, warns MoneySavingExpert founder

Daily Record

New cost of living payment warning to people due money over next few months

Millions of people are set to receive payments worth up to £1,350 in 2023/24.

Nottingham Post

DWP confirms more than 8m families to get first £301 cost of living payment in Spring

After confirming the schedule for five cost of living payments through the 2023/24 financial year, the DWP detailed in Parliament last month more detail on the support

Chronicle Live

DWP cost of living payment: When to expect the first part of the £900 scheme and who is not entitled to the money

Not everyone will receive the £900 means-tested cost of living support payment when it is paid in the spring

Daily Record

Young people urged to check for unclaimed £2,000 in UK Government savings account

Child Trust Funds were set up for every child born between September 1, 2002 and January 2, 2011.

Birmingham Post

Budget 2023: 'Restore confidence and outline long-term growth plan' Welsh business leaders tell Chancellor

Jeremy Hunt will make his Budget statement as the UK continues to face issues of inflation, pay and public finances

Bristol Post

DWP cost of living payment schedule for 2023/24 and eligibility rules

More details are expected to be announced around the £37 billion cost of living package

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