18 stories found
Richard Tice, leader of the Reform party, is embroiled in a controversy over his alleged failure to pay £100,000 in corporation tax. Tice has stated he is 'happy to put things right' as the party is drawn into the tax dispute.
The UK tax authority, HMRC, is set to resume an anti-fraud scheme that had previously incorrectly cut child benefits by using Home Office travel records to identify alleged fraudsters.
Greater Manchester mayor says Rayner’s criticism of planned immigration changes, which she called ‘un-British’, echoed ‘moral questions’ UK politics live – latest updates Andy Burnham has backed stark criticism of the direction of Keir Starmer’s government by Angela Rayner after she said the very survival of the Labour party was at stake. Rayner, the former deputy prime minister and an influential backbencher, used a speech on Tuesday night to warn that the prime minister “cannot go through...
Reform MP hit back at calls for HMRC to investigate his tax affairs after reports he had ‘avoided nearly £600,000 in corporation tax’
The UK's tax authority, HMRC, has seen complaints reach a five-year high, with its 'Making Tax Digital' initiative being criticized for making tax processes more difficult for users.
A recruitment business that went bust owing £650,000 to HMRC is accused of 'phoenixism' after being bought by its former owner, who then offered staff a controversial Las Vegas trip.
More than 170,000 individuals have reportedly missed out on an £800 HMRC tax rebate, attributed to a 'problematic' system that issued over 1.7 million cheques last year.
A controversial UK government anti-fraud scheme, which previously incorrectly stripped thousands of parents of child benefits by misusing Home Office travel records, is set to resume.
The UK's tax authority, HMRC, is reportedly preparing a new initiative to crack down on individuals who fail to declare income from online sales.
The UK's public spending watchdog has initiated an investigation into a controversial government anti-fraud scheme by HMRC, which incorrectly identified thousands of parents as claiming child benefits while living abroad, based on flawed Home Office travel records.
Extra tax obtained from the 2,000 largest businesses doubles in three years
A firm that went bust owing a significant sum to tax authorities is offering staff a Las Vegas trip after being bought by its former owner, raising concerns about 'phoenixism'.
The UK government is facing increasing pressure to automatically release child trust funds to young adults upon reaching the age of 21. HMRC data suggests that an estimated 750,000 young adults are currently missing out on these funds.
Advisers are warning that HMRC is unlikely to be lenient with Britons returning from Dubai who were tax exiles, as they could face significant income tax and capital gains tax liabilities.
Individuals engaged in side hustles in the UK, such as online selling or freelance work, need to understand their tax obligations, especially with new regulations requiring platforms like Vinted and eBay to share data with HMRC.
An article provides guidance on whether individuals should settle their loan charge disputes with HMRC, following a settlement opportunity announced in the last Budget.
HMRC figures reveal a record 1,000 UK taxpayers under 30 earned more than £1 million last year, marking an 11% increase attributed to influencers and tech salaries.