HMRC

Latest news

Tax | HMRC criticised for ‘lack of curiosity’ about tax evasion

MPs on Public Accounts Committee criticise HMRC over its effectiveness in clamping down on tax evasion, saying it has a ‘lack of curiosity’ about extent of problem

12 Feb 2025

Tax | Alexander McQueen charity wins £360k tax appeal

A building owned by Sarabande, a charity set up by the late fashion designer Alexander McQueen, has won its fight at the First Tier Tribunal against a tax dispute about the subleasing of an art gallery to a subsidiary

12 Feb 2025

Tax | HMRC cuts late payment interest rate to 7%

Following the February cut in the base rate, HMRC will reduce late payment and repayment interest rates from 25 February

11 Feb 2025

Tax

HMRC

Tax Compliance

Tax | HMRC case worker yield down 10% post pandemic

The productivity of HMRC compliance staff has dropped since the pandemic, with each officer pulling in £130,000 less on average finds National Audit Office (NAO)

11 Feb 2025

Tax

HMRC

Tax Compliance

Tax | HMRC staff survey reveals bullying culture

Bullying seems to be a problem at HMRC with over half of those affected feeling that no action was taken, while two thirds of staff said their pay was ‘inadequate’

10 Feb 2025

Tax

HMRC

Image for toyota dealer wins ps14m tax relief appeal

Tax | Toyota dealer wins £1.4m tax relief appeal

An extensive conversion of a warehouse into a Toyota showroom qualified for business premises renovation allowance despite HMRC arguing it was a new building

10 Feb 2025

Tax | HMRC strike extended to mid March

Call centre staff at HMRC in Newcastle have added six dates to their strike action, affecting employer helpline and construction industry scheme helplines, in a bid to reinstate sacked union reps

10 Feb 2025

Tax

HMRC

Work

Image for lloyds faces ps1bn tax bill over irish exit

Business | Lloyds faces £1bn tax bill over Irish exit

Lloyds Banking Group has lost the first round of a tax dispute with HMRC at the First Tier Tribunal over a historic £1.07bn claim for cross-border group tax relief on Irish transactions, but it will appeal the decision

7 Feb 2025

Tax | Enquiry spotlight: HMRC and the intricacies of R&D tax

Rocky Webb CTA, HMRC enquiries consultant at Croner-i, helps an SME save a £232,000 R&D tax relief claim rejected by HMRC

6 Feb 2025

Tax | HMRC advisers not using AI on helpline calls

Plans to roll out more artificial intelligence (AI) across government needs closer collaborative working between departments to reduce potential risks

5 Feb 2025

Tax

HMRC

Technology

Image for cornerstone tax avoidance scheme wholly wrong

Tax | Cornerstone tax avoidance scheme ‘wholly wrong’

Two property buyers have lost a request to appeal against a £19,997 tax bill incurred after using a widely marketed and aggressive tax avoidance scheme to avoid stamp duty

5 Feb 2025

Tax | 1.1m taxpayers missed tax return deadline

Over a million people face an automatic £100 fine for failing to file their tax returns on time while just over 300,000 still used old school paper returns

4 Feb 2025

Tax | Loan charge: sorry episode needs to be resolved

Glyn Fullelove, editor-in-chief of Croner-i Tax Weekly, says the focus on removing the barriers to resolving outstanding tax liabilities is the right one in the McCann review, but warns the loan charge is a disproportionate tool

4 Feb 2025

Tax | Barclays IT outage hits taxpayers on deadline day

The IT meltdown at Barclays for three days came as taxpayers were rushing to pay their year end tax bills, with inheritance tax and corporation tax bills also due

3 Feb 2025