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  • HMRC app speeds up student loan applications

    HMRC app speeds up student loan applications

    With many A level students planning their next steps in life, those starting university in September can ‘tap the app’ to get National Insurance and tax information they need to complete their student finance applications, HM Revenue and Customs (HMRC) has said.
    Anyone applying for a student loan for the 2024/25 academic year is encouraged to start their application now and to get the essential

  • Carl and Craig Rees

    Siblings made-up movie in £1m tax fraud

    Brothers who tried to steal £1 million in a ‘staggering and audaciously dishonest’ film tax fraud have been jailed for a total of 14 years.

  • What the Child Benefit rate rise means for you

    What the Child Benefit rate rise means for you

    Millions of families who claim Child Benefit will automatically receive increased payments from 6 April 2024, HM Revenue and Customs (HMRC) has confirmed.
    Families with one child will now receive up to £1,331 a year – an annual increase of £83.20, and up to £881 a year per additional child – an annual increase of £54.60. There is no limit to how many children families can claim for.
    Parents

  • Cross-country enquiries into suspected electronic till fraud

    Cross-country enquiries into suspected electronic till fraud

    Takeaways across England have been subject to unannounced inspections as part of an Electronic Sales Suppression (ESS) probe. The action by HM Revenue and Customs (HMRC) officers took place at a total of 17 different outlets in London, Ipswich, Manchester and Newcastle over the last month. It follows several separate till fraud enquiries, which include the arrest of a 47-year-old man.

  • £900,000 penalty for promoter of tax avoidance scheme

    £900,000 penalty for promoter of tax avoidance scheme

    A tax avoidance promoter whose schemes were used by locum doctors and nurses faces a £900,000 penalty for failing to co-operate with HMRC. IPS Progression Limited (IPS) paid their 1,593 scheme users largely with tax-free loans between April 2016 and April 2018. Some of the workers were locum doctors and nurses whose services were made available by recruitment agencies to hospitals

  • Hop to it: save on Easter childcare costs with Tax-Free Childcare

    Hop to it: save on Easter childcare costs with Tax-Free Childcare

    HM Revenue and Customs (HMRC) is reminding working families to save money on their childcare costs in time for the school holidays.
    With the Easter break just weeks away, families yet to sign up for Tax-Free Childcare could be missing out on annual savings of up to £2,000 per child, or £4,000 if their child is disabled.
    Tax-Free Childcare can help pay for approved childcare for children aged

  • Complex offshore tax avoidance scheme revealed

    Complex offshore tax avoidance scheme revealed

    A complex tax avoidance scheme that moves income offshore has been exposed by HM Revenue and Customs (HMRC) today (29 February 2024), with anyone who has joined the arrangement warned to get out of it as soon as possible. The scheme – linked to businessman Darren Patrick-Green – involves contractors joining Singapore registered Procorre LLP to avoid paying Income Tax and National Insurance.

  • March is top month for Marriage Allowance claims

    March is top month for Marriage Allowance claims

    As the tax year draws to a close, couples who are married or in civil partnerships could be due a financial boost by sharing unused tax allowances.
    HM Revenue and Customs (HMRC) has revealed March is the most popular month for Marriage Allowance applications, with almost 70,000 couples applying in March last year. And with the option to backdate their claim for the previous 4 tax years, eligib

  • Ringleader Mohammed Zafer and cash seized from the gang

    Gang jailed for laundering £26m

    A gang that sent £26 million of dirty money to Dubai after depositing criminal cash at banks a dozen times a day for nearly a year have been jailed

  • Tax credits recipients to receive Cost of Living Payment from today

    Tax credits recipients to receive Cost of Living Payment from today

    Around 700,000 families, who receive tax credits and no other qualifying benefits, will receive their £299 Cost of Living Payment from today, 16 February 2024, to help with everyday costs.
    HM Revenue and Customs (HMRC) is making the payments to eligible tax credits customers across the UK between 16 and 22 February 2024.
    More than 7 million eligible UK households have already received the

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