Hmrc

31-45 of 194 Articles
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A 71-year-old fish firm boss, Raymond Esslemont, who dodged £295,599.97 in taxes, has been deemed as too unwell for jail and may serve his punishment by completing woodwork projects from home.

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HM Revenue & Customs has admitted to the Commons public accounts committee that it had allowed 11,000 Chinese firms to register for VAT at a single residential flat in Wales without verifying who lived there. The scam was discovered after the flat owner received thousands of letters demanding mo

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Sports presenter Gary Lineker has won an appeal against HMRC's accusation of avoiding £4.9 million in unpaid tax. The UK government had claimed that Lineker had avoided taxes by paying so-called “disguised employees”, who charge for their services through a company.

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The UK government has announced that the maximum jail sentence for tax fraud will double from seven to 14 years for the most "egregious" forms of evasion. The Treasury announced the change in last week's spring budget and said it will consult on the introduction of a new criminal offence for pr

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The Chartered Institute of Taxation (CIOT) has urged the government to review “unfair” repayment interest rates, with taxpayers facing late payment bills from HMRC up to 17 times higher than what is returned to those who have overpaid. HMRC generally charges interest on late payment at t

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A significant settlement will see hundreds of thousands of pounds recovered by the Civil Recovery Unit from an East Lothian businessman linked to unpaid tax. Goljar Singh, 44, will relinquish £600,000 under proceeds of crime legislation following an agreement with the Civil Recovery Unit (CRU)

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Around 30,000 HM Revenue and Customs' (HMRC) staff will vote today on possible strike action amid plumetting morale and staff cuts. Any strike action is likely to take place in the spring with customer services, tax and anti-fraud investigations as well as work at customs checking centres all potent

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Troubled UK government plans to digitise the income tax self-assessment process are being delayed for a further two years, according to reports. Making Tax Digital for Income Tax Self Assessment (MTD ITSA) was set to be introduced from April 2024 but the government is expected to announce the deadli

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A staggering £9 billion in revenue was lost by HM Revenue & Customs (HMRC) during the pandemic due to the redeployment of thousands of tax compliance staff to other departments, a report has found. The National Audit Office (NAO) today published its report on tax compliance during and foll

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HMRC has missed an estimated 99,000 calls when its phone lines went down during an outage last week. Callers were unable to reach HMRC for a period of four days from the afternoon of Thursday December 1 until Monday December 5. The department also had to shut some online services during this time.

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An agreement has been reached with tax authorities to settle with the old Rangers operating company for almost £40 million less than the original claimed by HMRC. Acting liquidators of Rangers 2012, BDO, said the settlement terms were accepted by both sides in their latest update to creditors.

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The Low Incomes Tax Reform Group (LITRG) warns that thousands of businesses are at risk of facing financial penalties if they do not act to comply with the new reporting regime. The warming comes after HMRC has begun automatically signing up VAT-registered businesses to its new Making Tax Digital (M

31-45 of 194 Articles