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The Latest Breaking News from HMRC

Inside rugby Premiership's financial crisis as Wasps and Worcester teeter on brink

Wasps and Worcester Warriors have both been suspended by Premiership Rugby, with Wasps expected to follow Worcester and be relegated once they enter administration

Daily Mirror

HMRC worker sacked after row with boss about taking New Year’s Eve off wins £250,000 payout

Elaine Worsley was suffering from depression when she was dismissed after 45 years of service

The Independent UK

Covid furlough scheme ‘lost billions of pounds to error and fraud’

Government insists compliance checks minimised fraud from start of scheme

The Independent UK

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Covid furlough scheme lost billions of pounds to error and fraud, says watchdog

‘Billions went to people whose incomes increased during the pandemic, and billions more was lost in fraud and error,’ the National Audit Office said.

The Independent UK

Savers warned of huge HMRC tax charges on pension withdrawals

However, there is a way to avoid it

Wales Online

Council shelves controversial plans to pedestrianise Blackett Street in Newcastle city centre

Proposals to ban all traffic from the busy bus route are on hold until they "can be fully funded and brought forward as part of a comprehensive package of measures"

Chronicle Live

How a new and improved furlough scheme could help the UK tackle recession and economic uncertainty

The UK economy is on the brink of a recession while also experiencing weeks of financial volatility following the launch of the government’s unfunded growth plan last month.

The Conversation

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HMRC issues new warning to people filing Self Assessment tax returns this month or start of next year

The deadline for filing paper tax returns is October 31 and January 31 for online returns.

Daily Record

Help! I’m trapped in a Kafka-esque nightmare with a relentless HMRC

With all my aspirations for “living my best life” in 2022, I hadn’t envisaged I would find myself caught up in what is essentially benefit fraud. But hey, life’s full of surprises.

Evening Standard

Ex-Newcastle owner Mike Ashley eyeing £50m takeover of struggling Premiership Rugby club

The former Newcastle owner could have his eyes set on taking over Wasps with the Premiership Rugby club continuing to face an uncertain future over its finances

Daily Mirror

Scam warning for self-assessment taxpayers

Fraudsters target customers at times when they know they are more likely to be in contact with HM Revenue and Customs.

The Independent UK

Astonishing 99 million cigarettes seized in truck as Welshman is arrested

99 million cigarettes were discovered in the back of the lorry, which had been shipped via the United Arab Emirates (UAE)

Wales Online

Sniffer dog rumbles crooks trying to smuggle 99 million cigarettes into the country

Eight container contained the cigarettes, which were worth about £44million in unpaid taxes. HMRC said it was the largest seizure of illegal cigarettes at a UK port and discovered by the dog

Daily Mirror

The Mancunian Way: A seat by the loo

Read the Mancunian Way newsletter for Friday October 7, 2022.

Manchester Evening News

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The Independent UK

HMRC urges teenagers to collect savings potentially worth thousands of pounds

On average, these accounts are thought to be worth around £2,100 and can be accessed once the recipient turns 18

Daily Mirror

Teenagers could be missing out on £2,100 in 'forgotten' cash - how to find lost accounts

Tens of thousands of children and young adults have long-lost savings deals called Child Trust Funds, with an average of £2,100 in each one, and now HMRC is urging Brits to check if they are owed anything

Birmingham Post

£1.7m city centre office overhaul closes in on completion with contemporary new look

35,000 sq ft former HMRC building on Ferensway brought

Glasgow Live

All of the DWP cost of living payment dates between now and the end of the year

Between now and the end of 2022, there is a range of financial support available to help households through the worsening cost of living crisis — here is a rundown

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Daily Record

West Lothian teens could be missing out on cash lump sum

HMRC is urging teenagers to claim their matured Child Trust Funds savings

Daily Record

People on PIP or DLA moving to new disability payments may see other benefits stop

If you do not report the change to DWP, HMRC or local council, other payments may automatically stop.

Glasgow Live

HMRC urges young people to check for £2k savings account set up when they were born

HM Revenue and Customs (HMRC) are urging tens of thousand of young people to check if they could have money sitting waiting to be withdrawn with around 6.3 million accounts having been set up throughout the duration of the scheme.

Chronicle Live

HMRC to refund 60,000 people who had tax rebates processed by third-party firm

The cash will be given to customers who used Tax Credits Ltd to claim tax back online - here's how the refund process will work

Wales Online

Teenagers urged to claim thousands of pounds from HMRC left in Child Trust Funds

Child Trust Funds are long-term savings accounts opened for every UK child born between September 1 2002 and January 2 2011.

The National (Scotland)

Thousands of pounds could be waiting for some teenagers in savings says HMRC

Teenagers across the UK could have tens of thousands of pounds waiting for them in savings accounts says HMRC.

Daily Record

HMRC urges thousands of young people to check for £2,100 in savings account set up when they were born

Teenagers could have an average of £2,100 in their Child Trust Fund savings account waiting to be claimed.

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