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The Latest Breaking News from HMRC

Mega-rich Tory Nadhim Zahawi 'agrees to pay 30% penalty' to settle tax dispute

Reports emerged today claiming that Mr Zahawi agreed to settle a £3.7 million sum with an additional 30% penalty - with an expert suggesting this means he admitted carelessness

Daily Mirror

Football club collapses in lower leagues: how to avoid them for the good of the community

The future of Southend United Football Club hangs in the balance. A petition by His Majesty’s Revenue and Customs (HMRC) to have the club wound up over unpaid tax liabilities has just been adjourned by the high court until March. The court had previously granted one stay of execution from…

The Conversation

Schemes linked to Michelle Mone's husband named 'tax avoidance' by HMRC

THREE schemes linked to Michelle Mone’s husband have been named as “tax avoidance” by the HMRC ...

The National (Scotland)

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Nadhim Zahawi ‘paid penalty in seven-figure tax dispute settlement’

Fresh questions swirled around former chancellor after reports he paid 30 per cent penalty

The Independent UK

Tory chairman Nadhim Zahawi ‘paid penalty in seven-figure HMRC settlement’

Fresh questions swirled around the former chancellor after the Guardian reported he paid a 30% penalty

Evening Standard

Tory minister 'paid penalty' amid multi-million pound tax dispute with HMRC

TORY minister Nadhim Zahawi agreed to pay a penalty as well as settle a multi-million pound tax bill with the HMRC, reports say.

The National (Scotland)

Nadhim Zahawi ‘agreed on penalty’ to settle tax bill worth millions

Claim over sum imposed by HMRC likely to raise further questions for Conservative party chair

The Guardian - UK

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Bernie Ecclestone in court ahead of fraud trial for ‘failing to declare £400m worth of assets held overseas’

Billionaire former Formula One boss faces a single charge of fraud by false representation following an investigation by HMRC

Evening Standard

Six things you need to know before January 31 tax deadline if you have a second job

Around 1.2million people are said to have a second job in the UK and with extra income, there comes tax implications Brits will need to be aware of

Daily Mirror

Uyghur group loses legal challenge over cotton imports from Chinese labour camps

The World Uyghur Congress brought a claim against the Home Secretary, HMRC and the National Crime Agency.

The Independent UK

Bernie Ecclestone in court ahead of trial for alleged fraud

The billionaire faces a single charge of fraud by false representation following an investigation by HMRC.

The Independent UK

New change to HMRC phone lines ahead of tax filing deadline at end of this month

A new trial is in place until April to reduce the amount of time people wait for calls to be handled.

Daily Record

Some Universal Credit claimants may not qualify for new £301 cost of living payment due this Spring

More than eight million eligible households are expected to receive the first part of the £900 cost of living payment.

Daily Record

Cheshire company director who enjoyed millionaire lifestyle in Holland laundered €3.2m

The 52-year-widow used false invoices to funnel money from her UK business bank account into Dutch bank accounts via Liechtenstein, according to HMRC

Manchester Evening News

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The Guardian - UK

HMRC names three schemes linked to Mone’s husband as tax avoidance

AML Tax (UK) Ltd, which ran payment programmes, was ‘part of Doug Barrowman’s Isle of Man-based Knox Group’

The Independent UK

Labour demands answers from HMRC over Zahawi tax dispute claims

It comes amid amid allegations Nadhim Zahawi paid millions to settle a dispute over his tax.

The Guardian - UK

The Guardian view on the tax system: losing trust, missing out on billions

Editorial: Even as millions are sweating over self-assessment forms ahead of this month’s deadline, HMRC dishes up big dollops of bad news

Manchester Evening News

HMRC makes big change just days before self-assessment tax deadline

Some taxpayers will notice a difference when attempting to contact HMRC from today

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The Independent UK

Rishi Sunak faces call for inquiry into Nadhim Zahawi’s tax affairs

Labour says PM should launch investigation if Tory chair does not ‘come clean’ about taxes

The Independent UK

Some calls to HMRC will be answered by text to save time waiting on phone lines

A new service will direct routine helpline calls to online services where certain queries can be resolved quickly.

Wales Online

HMRC makes big change to how you can get in touch - days before crucial self-assessment deadline

Many people are working to submit their tax returns by the end of the month

The Independent UK

Labour says questions remain unanswered over Nadhim Zahawi tax dispute claims

Rishi Sunak is facing calls to launch an inquiry into whether Nadhim Zahawi broke the ministerial code.

Wales Online

DWP issues Universal Credit warning about 'phantom' payments

'Phantom' payments could leave claimants out of pocket. They could even have to repay overpayments

The Independent UK

Eamonn Holmes in challenge to tax tribunal ruling over ’employee’ status at ITV

The broadcaster previously brought a case against HMRC over the income tax and national insurance the body said was due.

The Guardian - UK

Labour calls for inquiry over Nadhim Zahawi tax affairs

Opposition says Tory chair must explain why he paid millions of pounds in backdated tax to HMRC

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