Topic
hmrc
16 stories related to this topic, newest first.
The Independentfinance8 days ago
UK loses £600 million yearly tax revenue under US exemption
Britain is set to forgo about £600 million in yearly tax receipts after the United States received an exemption from a 15 percent global minimum tax agreed by nearly 150 countries. HMRC officials disclosed the figure during a Public Accounts Committee hearing examining multinatio…
news.sky.comfinance13 days ago
HMRC Raises Mileage Allowance to 55p per Mile for First 10,000 Business Miles
The tax authority lifted the rate from 45p to 55p per mile, backdated to April 6. Up to three million workers stand to gain from the first increase in 15 years as part of Chancellor Rachel Reeves's tax package.
GB Newspolitics23 days ago
Chelmsford Man Jailed for Four Years Eight Months After £708,750 Gift Aid Fraud
Abdul Robbani, 54, pleaded guilty to revenue fraud after filing 60 bogus Gift Aid claims through a fake sports club. GB News reported that HMRC paid out £708,750 before investigators uncovered the scheme in 2021.
thecanary.cofinance26 days ago
HMRC Recovers Winter Fuel Payments from Pensioners Above £35,000 Income Threshold via Tax-Code Changes
Almost two million UK pensioner households face higher tax bills after receiving Winter Fuel Payments despite incomes above the £35,000 threshold. Recovery is occurring automatically through adjusted tax codes starting April 2026.
conservativehome.compolitics30 days ago
Flintshire Council to Write Off £67,250 Business Rates Debt After Soap Firm Liquidation
Flintshire Council will cancel a £67,250 business rates debt owed by a soap manufacturer that entered liquidation in February 2025. The company left more than £229,000 in unpaid obligations to employees and HMRC.
pinsentmasons.comfinance43 days ago
HMRC Removes VAT Charge on Certain Business Donations to Charities, Subject to Value Limits
HM Revenue and Customs confirmed that VAT-registered businesses can donate eligible goods to registered charities without incurring additional tax charges. The change removes a prior requirement that companies pay VAT on items they had already reclaimed tax on when donating them.
order-order.compolitics45 days ago
Most Unused Pension Pots to Face Inheritance Tax from April 2027, HMRC Publishes Initial Guidance
HM Revenue and Customs issued a technical note detailing how most unused pension pots and death benefits will be included in estate valuations for inheritance tax purposes starting April 6, 2027.
swissinfo.chworld49 days ago
HMRC Urges Married Couples to Check Eligibility for Marriage Allowance
HM Revenue and Customs is encouraging married couples and civil partners in Britain to verify eligibility for the marriage allowance, which can reduce annual tax bills by up to £252. The allowance permits transfer of up to £1,260 of an unused personal allowance between partners.
news.google.comfinance58 days ago
London Barrister Charged With Evading Nearly Two Million Pounds in Tax
Robert Venables KC faces three counts of cheating HMRC of income tax. The charges cover a period of nearly a decade.
The Independentpolitics65 days ago
HMRC Clears Angela Rayner of Wrongdoing After She Paid £40,000 in Additional Stamp Duty on Hove Flat
HMRC found Angela Rayner liable for the higher rate of stamp duty but concluded there was no tax avoidance and imposed no penalty. The former deputy prime minister, who resigned in September 2025 after admitting underpaying, has now settled an additional £40,000 bill. Rayner welc…
thecanary.coworld67 days ago
DWP Confirms £200 Winter Fuel Payments for Under-80s in England and Wales in 2026
State pensioners born before June 27 1960 and living in England or Wales will receive automatic Winter Fuel Payments of £200 or £300 in November and December 2026. The Department for Work and Pensions has confirmed eligibility rules, qualifying benefits and opt-out deadlines as t…
espn.co.uksports72 days ago
EFL Referees Ruled Self-Employed by Tribunal in HMRC Tax Dispute
A tax tribunal ruled that English football referees in League One, League Two and lower divisions are self-employed, not employees of Professional Game Match Officials Limited. The decision ends HMRC's pursuit of £584,000 in unpaid taxes for matches between 2014 and 2016. GB News…
GB Newsworld72 days ago
HMRC Reviews VAT Classification Rules for Electric Double-Cab Pickups
GB News reported that HMRC has started reviewing strict VAT rules blocking many electric double-cab pickups from commercial vehicle status due to battery weight. The review follows an SMMT proposal to lower the one-tonne payload threshold. Businesses buying affected models such a…
theweek.comfinance84 days ago
HMRC Launches Campaign to Reconnect 21-Year-Olds with Unclaimed Child Trust Funds
HM Revenue and Customs has initiated a direct mailing effort to inform 21-year-olds about unclaimed Child Trust Funds holding roughly £1.5 billion. The accounts, established for children born between 2002 and 2011, average £2,200 in value. Economic Secretary Lucy Rigby emphasized…
news.sky.comfinance93 days ago
UK Consultancy Global Counsel Enters Insolvency Owing £646,000 to HMRC
Global Counsel, a UK public affairs consultancy, entered insolvency in February following the loss of major clients. The firm owes HMRC approaching £646,000 and had approximately 80 UK employees, most of whom were made redundant. Administrators are reviewing transactions for pote…
BU
Substrate placeholder — needs reviewfinance95 days ago
HMRC Urges Higher Earners to Check High Income Child Benefit Charge Obligations
HM Revenue and Customs has issued a warning to parents earning over £60,000 annually to verify if they owe money under the High Income Child Benefit Charge. The charge requires repayment of some or all Child Benefit based on income levels between £60,000 and £80,000. Affected ind…