Hmrc

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

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

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.

Thousands of taxpayers opted to ring in the New Year by organising their finances, with HM Revenue and Customs (HMRC) revealing that 54,053 people filed their self-assessment tax returns over New Year’s Eve and New Year’s Day.

With less than two months until the Self Assessment deadline, HM Revenue and Customs (HMRC) is asking people filing their tax return for the 2024 to 2025 tax year ‘What’s your filing style?’ and encouraging them to start now.

HM Revenue & Customs (HMRC) is set to launch a new US-style incentive programme, offering significant financial rewards to whistleblowers who report large-scale tax fraud.

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.

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

The UK's top 1% of taxpayers were responsible for approximately one-third of all income tax and capital gains tax (CGT) collected last year, according to new figures from HMRC.

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&

HM Revenue & Customs' (HMRC) sophisticated "big data" system, known as Connect, has been credited with generating an additional £4.6 billion in tax revenue during the 2024-25 financial year. This figure, revealed in a freedom of information request made by Pinsent Masons, represents a 35%

Paul McDougall, associate partner and insolvency practitioner at Wbg, has voiced strong concerns about the impact on ordinary households and small businesses of HM Revenue & Customs (HMRC) restarting its controversial direct recovery of debts (DRD) programme. The DRD programme allows HMRC to tak

HM Revenue & Customs (HMRC) has been accused of a "cover-up" regarding its staff's unauthorised use of artificial intelligence to reject research and development (R&D) tax credit claims. The controversy follows a legal defeat in August, where a tax tribunal ordered HMRC to disclose whether i

HM Revenue & Customs (HMRC) has restarted its controversial Direct Recovery of Debts (DRD) programme, which allows it to take money directly from the bank accounts of certain debtors.

Inheritance tax (IHT) is on course for a record-breaking year, with HM Revenue & Customs (HMRC) collecting £3.7 billion in the first five months of the 2025/26 tax year – around £200 million more than the same period last year.