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The Latest Breaking News from HMRC

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 · Oct 13, 2022

Savers warned of huge HMRC tax charges on pension withdrawals

However, there is a way to avoid it

Wales Online · Oct 13, 2022

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 · Oct 12, 2022

From analysis to the latest developments in health,
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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 · Oct 11, 2022

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 · Oct 11, 2022

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 · Oct 11, 2022

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 · Oct 10, 2022

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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 · Oct 10, 2022

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 · Oct 8, 2022

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 · Oct 7, 2022

The Mancunian Way: A seat by the loo

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

Manchester Evening News · Oct 7, 2022

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

The Independent UK · Oct 7, 2022

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

Daily Mirror · Oct 6, 2022

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

35,000 sq ft former HMRC building on Ferensway brought

Birmingham Post · Oct 6, 2022

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Glasgow Live · Oct 6, 2022

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

Daily Record · Oct 6, 2022

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 · Oct 6, 2022

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 · Oct 6, 2022

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.

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Chronicle Live · Oct 6, 2022

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 · Oct 5, 2022

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) · Oct 5, 2022

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 · Oct 5, 2022

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.

The National (Scotland) · Oct 5, 2022

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

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

Daily Record · Oct 5, 2022

HMRC remind Lanarkshire businesses deadline is approaching for using existing online accounts to submit VAT returns

From November 1, all VAT-registered firms must sign up to Making Tax Digital (MTD) and use compatible software.

Daily Record · Oct 5, 2022

HMRC issues urgent warning to every UK business using an online account to submit VAT returns

There is less than one month left for VAT businesses to be ready for Making Tax Digital filing.

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