Hmrc

1-15 of 254 Articles
Clock icon 4 minutes

Conveyancing solicitors and payroll teams in Scotland are among local professional advisers who may find themselves on the wrong side of the law from this month – with penalties of up to £10,000 for compliance breaches. They must, under the wide definition of ‘tax adviser’, m

Clock icon 3 minutes

UK taxpayers have handed over £938.8 billion in tax in 2024/25, a 9.3% rise on the previous year, according to HMRC's annual bulletin, as frozen thresholds and rising asset values are quietly eroding household wealth. Inheritance tax receipts reached a new record high of just under £8.5b

Clock icon 2 minutes

HM Revenue & Customs has sharply increased its scrutiny of unpaid VAT, with investigations into large and medium-sized companies rising by nearly a third last year as the government intensifies efforts to close a £47 billion tax gap.

Clock icon 1 minute

The UK government has secured a record-breaking windfall from inheritance tax as receipts surged to £7.1 billion between April 2025 and January 2026. This £100 million year-on-year increase, documented by HMRC, stems from a combination of appreciating asset values and long-term stagnatio

Clock icon 3 minutes

HM Revenue and Customs (HMRC) is set to secure a windfall exceeding £100 million after an estimated one million taxpayers missed the 31 January self-assessment deadline. Data from HMRC revealed that although nearly 11.5 million returns were submitted on time, those who failed to file now face

Clock icon 2 minutes

The 2026 Sunday Times Tax List has revealed that JK Rowling contributed £47.5 million to the UK exchequer last year, securing her position as the third-highest taxpayer in Scotland and 36th across the UK. The author’s earnings from the Harry Potter and Cormoran Strike franchises remain r

Clock icon 2 minutes

The number of people using the HMRC app to pay their Self Assessment tax bill has increased by nearly 65%, according to new figures. Almost 340,000 people have used it to pay since 6 April 2025, an increase of 132,788 people compared to the same period last year.

Clock icon 3 minutes

The head of HM Revenue and Customs (HMRC) has praised the work of a Scottish charity in helping to demystify the tax system, during a visit to its headquarters. JP Marks, the first permanent secretary and chief executive of HMRC, called in at Advice Direct Scotland’s offices in Glasgow.

Clock icon 2 minutes

UK pensioners reclaimed £48.5 million in overpaid tax on pension withdrawals in the third quarter of 2025, according to the latest figures from HM Revenue & Customs (HMRC). The data reveals that over 13,700 reclaim forms were processed between July and September, with the average rebate am

Clock icon 3 minutes

A sharp decline in the number of Scottish SMEs making R&D (research & development) tax relief claims has prompted a leading R&D Tax Relief specialist to warn that businesses should use the valuable R&D Tax Claims relief – or lose it. Gemma Monaghan, a partner and head of R&

1-15 of 254 Articles
Intership icon

Latest Jobs

Intership icon

Latest Events