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 today.
A money service business (MSB) has been hit with a record £23.8 million fine for flouting money laundering regulations.
Around 5.4 million Self Assessment customers have less than a month to complete their tax return, HM Revenue and Customs (HMRC) announced today, ahead of the deadline on 31 January.
More than 2,700 customers filed their Self Assessment tax return on Christmas Day, HM Revenue and Customs (HMRC) can reveal.
More than 60,400 savers across the UK have earned their first Help to Save bonus payment, each receiving an average of £378 in time for Christmas, HM Revenue and Customs (HMRC) can reveal.
Traders are being urged to consider whether they need to sign up to the new UK Trader Scheme (UKTS) to ensure traders don’t pay tariffs on the movement of goods into Northern Ireland from Great Britain where those goods can be shown to remain the UK’s customs territory from 1 January.
HM Revenue and Customs (HMRC) and the Advertising Standards Authority (ASA) have today launched new action to cut out misleading marketing by promoters of tax avoidance schemes.
The joint enforcement notice aims to disrupt the activity of promoters and protect people from being presented with misleading adverts which may tempt them into tax avoidance.
It requires promoters to be clear abou
Time is running out for anyone who sold a second home during 2019-20 to declare it on their Self Assessment tax return.
Self Assessment customers should be alert to criminals claiming to be from HM Revenue and Customs (HMRC).
HM Revenue and Customs (HMRC) is reminding Self Assessment customers that there are just 100 days left to complete their tax return ahead of the deadline on 31 January 2021.
HM Revenue and Customs (HMRC) has received more than 54,800 claims from customers using a new online portal which allows workers to claim tax relief for working at home.
Students starting university this year are being warned by HM Revenue and Customs (HMRC) that they could be targeted by a fresh wave of tax scams.
