HMRC

Latest news

Image for tax fugitive caught out ps18 kebab

Business | ‘Tax fugitive’ caught out by an £18 kebab

HMRC caught up with a VAT fraudster after he shelled out £18 for a kebab in Wales, eventually being sentenced to three years and four months imprisonment

27 Nov 2024

Tax | HMRC advisory fuel rates for company car users from 1 December 2024

HMRC has cut advisory fuel rates for company users of petrol and diesel cars, leaving electric rates unchanged

27 Nov 2024

Tax | 17% hike in scams targeting taxpayers

With the self assessment season gathering pace, HMRC has warned taxpayers to be extra vigilant as 145,000 scam referrals for fake rebates and demands for tax were identified in the last year

26 Nov 2024

Tax | HMRC investigations lead to only 300 prosecutions

The number of tax prosecutions is up 19% on last year as HMRC investigators ramp up anti-tax fraud but the chances being prosecuted are less than 1%

26 Nov 2024

Tax | Anonymous taxpayer cannot hide identity

The Upper Tribunal has ruled that a taxpayer involved in a dispute with HMRC over unpaid taxes cannot remain anonymous forever as they have given no good reason as to why their identity should be kept secret

25 Nov 2024

Tax | HMRC extends tax agent code disclosure deadline

HMRC has extended the deadline for accountants to provide details of the codes used for self assessment, VAT and corporation tax across their firms

25 Nov 2024

Tax | Real time reporting of benefits in kind from April 2026

HMRC has clarified the changes to compulsory reporting of benefits in kind (BiKs) expenses through payroll software from the new tax year with some initial exemptions

22 Nov 2024

Tax | HMRC pays out £1m to tax whistleblowers

Nearly £1m has been paid out to whistleblowers by HMRC in the last year after they received viable tips about tax fraud

22 Nov 2024

Tax

HMRC

Tax Compliance

Image for fuel duty tax revenue begins downward spiral

Tax | Fuel duty tax revenue begins downward spiral

With a huge tax grabbing Budget, fuel duty was left alone but the government is already facing declining revenues from car and van drivers

21 Nov 2024

Business | Harvey Nichols fined £175k for anti money laundering breaches

Nearly 300 companies fined £1.85m by HMRC for failures to comply with anti money laundering rules with dozens of accountancy service providers penalised

21 Nov 2024

Tax | HMRC clarifies use of email for tax queries

HMRC has updated the guidance on when it will accept email as opposed to phone and post enquiries from tax agents and individual taxpayers

20 Nov 2024

Tax | ‘We have your backs’, says Badenoch to 20,000 farmers

20,000 farmers took to the streets of London today to hear the voices of farmers, MPs and spokespeople outside of No 10

19 Nov 2024

Tax | HMRC ‘re-argues’ points but loses £3.1m R&D appeal

Collins Construction won a tax dispute over closure notices for over £3m in research and development (R&D) tax relief citing a case from 2021 which HMRC lost

18 Nov 2024