Hmrc

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

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