Hmrc

HM Revenue and Customs has collected £322.7 billion in total from National Insurance contributions and tax between April and July 2026, compared with the same period last year. The total represents a £21bn increase on the same four-month period last year, when HMRC collected £301.7

The Association of Chartered Certified Accountants (ACCA) has called on HMRC to explain why it needs more powers to deal with taxpayers and advisers who are fraudulent and dishonest. Responding to a consultation by the UK tax authority on introducing a criminal offence by making reckless untrue stat

The Institute of Chartered Accountants of Scotland (ICAS) has called on advisers to help voluntarily sign up their clients to the UK Goverment's new Making Tax Digital (MTD) system to avoid issues caused by automatic enrolment. So far, more than 436,000 sole traders and landlords have successfully s

HMRC applied to shut down 4,761 businesses because of unpaid tax debts to the year end 31 March 2025, a 31% increase from 3,625 the previous year. The spike comes amid the tax authority stepping up its efforts to recover billions in outstanding tax liabilities, says the national accountancy group UH

HMRC has launched legal proceedings to wind up two Glasgow-based companies suspected of promoting tax avoidance schemes that may have affected NHS and local council workers in Scotland.

HMRC has more than doubled the funding available to organisations that help taxpayers needing extra support, pledging over £11 million through the latest round of its Voluntary and Community Sector Grant Funding Scheme. From today (8 June), voluntary and community sector organisations can bid

A long-standing tax levied on businesses donating to charities has now been removed. Azets wants to remind businesses that they can now give goods to registered charities without paying VAT.

ACCA (the Association of Chartered Certified Accountants) has urged HMRC to make fuller use of digital technology to ease the tax filing burden on companies, lending its support to plans to modernise and standardise company tax returns.

Savers are being wrongly ordered to pay thousands of pounds in tax due to flawed calculations by HM Revenue & Customs (HMRC). Under rules introduced in 2016, financial institutions are required to report savers' annual interest earnings directly to the tax authority. This allows HMRC to automati

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

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

The bosses of a corrupt payroll company that stole millions of pounds of VAT have been jailed for more than 22 years. 

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.

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

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