Hmrc

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.

Tens of thousands of pensioners have received refunds after being overcharged tax on their pension withdrawals, according to newly released figures. Data released by HMRC to Royal London under freedom of information legislation reveals that some pensioners have received tax refunds of more than &pou

A judge has criticised a taxpayer for using an artificial intelligence chatbot to argue his case in court after it "hallucinated" non-existent legal precedents. Marc Gunnarsson used AI to help prepare his legal submissions when appealing a decision by HM Revenue and Customs (HMRC). The tax authority

HM Revenue and Customs (HMRC) has confirmed it uses artificial intelligence to analyse taxpayers' social media posts as part of criminal investigations into tax evasion.

Chancellor Rachel Reeves has authorised new rules requiring banks to collect National Insurance (NI) numbers from customers with savings accounts. This measure aims to help HM Revenue & Customs (HMRC) more effectively identify and tax savers who earn interest above their personal savings allowan

A top-flight Scottish football club is appealing a demand from HM Revenue and Customs (HMRC) to repay £1.27 million claimed under a research and development (R&D) tax credit scheme, partly for player salaries. Dundee United claimed the tax relief based on a report from its consultant, ZLX,

Following today’s announcement that the UK government is determined to build a simpler and seamless tax and customs system, the Institute of Chartered Accounts of Scotland (ICAS) has said it will be closely examining the detail of the plan. Bruce Cartwright CA, CEO at ICAS, said: "We&rsqu

Thousands of UK companies have been removed from the Companies House register over the last year, following a crackdown coordinated by the National Economic Crime Centre.

Staff at HM Revenue & Customs (HMRC) have lost or had stolen electronic equipment worth almost £2 million since 2021, a freedom of information request has revealed. In total, over 3,500 devices, including 2,300 mobile phones and 507 laptops reported as lost, have gone missing from the tax