HMRC



HMRC: Self assessment payment plans must be set up by April 1

Self Assessment taxpayers have just over a week to pay any outstanding tax liabilities in full or set up an online payment plan for the 2019 to 2020 financial year to avoid incurring penalty charges, HMRC has urged.

Published 23 March 2021

HMRC chief executive receives scam tax call as fraud reports increase

Jim Harra, the chief executive of HMRC, has revealed that he received a call from fraudsters pretending to be the taxman.

Published 26 February 2021

Furloughed jobs in Scotland rose over a quarter between December and January

The number of furloughed jobs in Scotland rose by just over a quarter between December and January, according to the latest HMRC coronavirus statistics.

Published 26 February 2021

HMRC opens online service or VAT deferral payment scheme

HMRC has annoucned that over half a million businesses who deferred VAT payments last year can now join the new online VAT Deferral New Payment Scheme to pay it in smaller monthly instalments.

Published 24 February 2021

HMRC announces more help for self assessment taxpayers

HMRC has announced that Self Assessment taxpayers will not be charged a 5% late payment penalty if they pay their tax or set up a payment plan by 1 April.

Published 22 February 2021

HMRC encourages couples across Scotland to sign up for tax breaks

HM Revenue and Customs (HMRC) is encouraging married couples and people in civil partnerships across Scotland to sign up for a tax break this year.

Published 15 February 2021

HMRC: 10.7m tax returns filed by 31 January deadline

More than 10.7 million people submitted their 2019/20 Self Assessment tax returns by the 31 January deadline, HM Revenue and Customs (HMRC) has revealed.

Published 2 February 2021

HMRC waives self-assessment penalties until end of February

HMRC chief executive Jim Harra has announced that Self Assessment customers will not receive a penalty for their late online tax return if they file by 28 February.

Published 26 January 2021

ACCA: Accountants and SMEs at breaking point as HMRC urged to delay self-assessment deadline

Accountants are dismayed that HMRC is refusing to extend the deadline for self-assessment tax returns on January 31, which could land millions of hard-hit entrepreneurs with fines totalling £250 million.

Published 19 January 2021

Fife hotelier jailed for two years after £380,00 VAT fraud

A woman who ran two Fife hotels has been jailed for a £380,000 VAT fraud.

Published 15 January 2021

Increasing number of wealthy families make claims for inheritance tax repayments

An increasing number of wealthy families in the UK are making more claims for inheritance tax repayments under a little-known rule that allows refunds on share and property losses.

Published 15 January 2021

Increasing numbers of UK self assessment customers use tax payment plans to spread costs

Almost 25,000 Self Assessment customers have set up an online payment plan to manage their tax liabilities in up to 12 monthly instalments, totalling £69.1 million, HM Revenue and Customs (HMRC) has revealed.

Published 13 January 2021

HMRC urged to waive late tax return fines

The UK Government is considering calls to waive fines for late tax returns this year but has ruled out an official extension to the January 31 filing deadline.

Published 11 January 2021

UK Trader Scheme launched to support businesses moving goods from UK to Northern Ireland

HMRC has launched a new UK Trader Scheme to support businesses moving goods from the UK to Northern Ireland.

Published 16 December 2020

Ex-owners of Rangers secure £3.1m tax bill cut

A further £3.1 million has been cut from the tax bill owed by the firm which formerly owned Rangers Football Club.

Published 15 December 2020