Crooked accountant who stole from staff jailed
A crooked accountant who abused his position to orchestrate a £1.7 million tax fraud - spending the stolen cash on lavish holidays and cars - has been jailed for four years.
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Child Benefit boost for millions of families
Child Benefit payments to increase from next week Parents encouraged to claim and manage Child Benefit via the HMRC app 1.2 million parents have used the digital service to claim their Child Benefit
Families who claim Child Benefit will see an increase in their payment next week, says HM Revenue and Customs (HMRC).
From 7 April 2025, parents will receive £26.05 per week - or £1,354.60 a y -
HMRC: Informal money transfer businesses must take action against criminal exploitation
Criminals are exploiting informal money transfer services in the UK to launder an estimated £2 billion annually, concealing the proceeds of serious organised crime that harms communities. HMRC is urging businesses that offer these services – which help diaspora communities send money to relatives abroad – to register for anti-money laundering supervision to protect themselves from criminals.
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HMRC backs honest businesses with 15,000 warehouse seizures
HM Revenue and Customs (HMRC) has seized nearly 15,000 imported items from delivery warehouses across the UK – in a bid to tackle customs fraud and help level the playing field for honest businesses.
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UK businesses urged ‘have your say’ on time-saving electronic invoicing
Government launches 12-week e-invoicing consultation on plans to cut paperwork for businesses and help improve productivity Proposals expected to save businesses time and money and speed up payments, creating the conditions to grow the economy, part of the Prime Minister’s Plan for Change Will help businesses get tax right first time with fewer invoicing and VAT return errors UK stakeholders an
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Love your side hustle? Make it tax official this Valentine’s
As Valentine's Day approaches, anyone who has turned the love for their hobby into a side hustle is being encouraged to 'put a ring on it' and make it official. Whether it’s making extra income from activities such as online content creation, dog walking, or making handcrafted items to sell, HMRC has launched a new campaign to assist people in understanding if they need to declare earnings.
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£35 million added to State Pension pots
People wanting to maximise their State Pension by plugging gaps in their National Insurance record have contributed to a total of 68,673 years, worth £35 million, using the online service since April last year HM Revenue and Customs (HMRC) has revealed.
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11.5 million file Self Assessment by 31 January deadline
GOV.UK summary: Millions of taxpayers filed their Self Assessment tax return for the 2023 to 2024 tax year by the deadline.
More than 11.5 million taxpayers filed their Self Assessment tax return by midnight on 31 January. 97.36% of tax returns were filed online. 90.53% of expected filers filed their Self Assessment.
More than 11.5 million taxpayers beat the Self Assessment deadline to fil -
Deadline approaches for 3.4 million Self Assessment customers
With only a week left until the Self Assessment deadline 3.4 million customers are yet to file their 2023 to 2024 tax return. And HM Revenue and Customs (HMRC) is warning them to file now or risk missing the 31 January deadline – and getting a £100 penalty.
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5.4 million yet to file their tax return
With less than a month to go, the countdown is on for 5.4 million customers who still need to complete and pay their Self Assessment and avoid penalties, HM Revenue and Customs (HMRC) warns. Thousands of taxpayers have already done so by completing their tax returns before the fizz was barely flat on New Year’s Day. HMRC can today reveal more than 24,800 people filed on 1 January.
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It’s a Self Assessment wrap for 40,000 festive filers
4,409 Self Assessment customers completed their tax return on Christmas Day 40,072 filed their tax return over the Christmas break Customers encouraged to prepare and file their tax return ahead of January deadline
More than 4,400 Self Assessment customers avoided peeling the sprouts to file their tax return online on Christmas Day, HM Revenue and Customs (HMRC) can r -
Checkmate for chess-playing fraudster as prized pottery auctioned
A fugitive fraudster who stole more than £750,000 in a tax and mortgage fraud faces an extra five years in prison for not paying back the money.
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