Hmrc

Proposals to allow HMRC to test new policies or processes on small groups of taxpayers before rolling out changes to the wider public will not address the real problems around the implementation of new policies or digital services, the Association of Taxation Technicians (ATT) has warned.

HM Revenue & Customs (HMRC) has disclosed that nearly 25% of the funds provided through a multi-billion-pound tax relief scheme, aimed at spurring research and development (R&D) in small to mid-sized companies, was lost to error and fraud between 2020 and 2021. This figure, marking one of th

The annual report of the HMRC Charter, released today, has revealed that poor service levels are hampering HMRC's ability to achieve its Charter standards, according to the Chartered Institute of Taxation (CIOT) and the Institute of Chartered Accountants of Scotland (ICAS). Both institutions are mem

HMRC has levied fines on 184,000 individuals earning less than £12,570 annually for failing to file self-assessment tax forms in a timely manner, during the 2020-21 financial year. This income level exempts people from income tax, yet over 180,000 low-income individuals were penalised despite

The HM Revenue and Customs (HMRC) has reported that the UK tax gap remains steady at 4.8% for the second consecutive year, indicating the difference between the total expected and actual tax paid. In monetary terms, the gap increased from £31 billion in the 2020-2021 tax year to £36bn in

The head of the Association of Chartered Certified Accountants (ACCA) Scotland, Susan Love, has expressed concerns over the deteriorating service standards at HMRC, attributing this to a lack of investment. The decline has strained relationships between HMRC, compliant taxpayers and their agents, ac

HMRC has announced that from Monday it will close the Self-Assessment Helpline for three months, directing taxpayers to its digital services instead. HMRC says this will free up 350 full time equivalent advisers to take urgent calls on other lines and answer correspondence. The Chartered Institute o

Airbnb, the popular online holiday let platform, has come under scrutiny from HM Revenue & Customs (HMRC) in an extensive tax investigation dating back to the 2017-18 financial year.

The UK government is considering an update to the Direct Recovery of Debts (DRD) legislation that would enable HM Revenue & Customs (HMRC) to seize cryptoassets from businesses evading tax.

HMRC raised a record £7.1 billion from inheritance tax from April 2022 to February 2023, according to new figures. The sum stands at £1 billion more than in the same period a year earlier, continuing a recent upward trend.

A 71-year-old fish firm boss, Raymond Esslemont, who dodged £295,599.97 in taxes, has been deemed as too unwell for jail and may serve his punishment by completing woodwork projects from home.

HM Revenue & Customs has admitted to the Commons public accounts committee that it had allowed 11,000 Chinese firms to register for VAT at a single residential flat in Wales without verifying who lived there. The scam was discovered after the flat owner received thousands of letters demanding mo

Sports presenter Gary Lineker has won an appeal against HMRC's accusation of avoiding £4.9 million in unpaid tax. The UK government had claimed that Lineker had avoided taxes by paying so-called “disguised employees”, who charge for their services through a company.

The UK government has announced that the maximum jail sentence for tax fraud will double from seven to 14 years for the most "egregious" forms of evasion. The Treasury announced the change in last week's spring budget and said it will consult on the introduction of a new criminal offence for pr

The Chartered Institute of Taxation (CIOT) has urged the government to review “unfair” repayment interest rates, with taxpayers facing late payment bills from HMRC up to 17 times higher than what is returned to those who have overpaid. HMRC generally charges interest on late payment at t