Welcome to the news hub, in this section you'll find our latest news, view our Facebook wall and Twitter Feed.
HMRC is now cutting off taxpayers who spend hours trying to get through to someone to speak to. One self-employed consultant told the paper she spent all of Friday afternoon unsuccessfully trying to speak to HMRC about a £100 penalty she had wrongly received for a late tax return that she had filed...
Former Rangers stars face huge bills this year after failing to strike a deal with HMRC over the club’s Employee Benefit Trust (EBT) scheme. A source connected with the EBT investigation said: “Some former players were quick to agree a deal with the taxman who has been very fair in sorting out r...
HMRC is overlooking the most serious violations of Britain’s minimum wage laws to concentrate on the easiest cases, according to the UK’s director of labour market enforcement, David Metcalf....
More than 2.2m SME workers have not been paid on time due to cash-flow problems at their employer, according to research carried out by Intuit QuickBooks. The average SME is owed £31,055 due to late payments from clients and customers, the firm said, with 57% left with debts they could not afford t...
Ministers remain unmoved on HMRC’s loan charge despite MPs protesting its consequences in Parliament again yesterday. The retrospective charge applies to tax schemes dating back to the early 2000s under which self-employed people could receive their pay into an offshore trust and then loan the mon...
HMRC is looking toward becoming more user friendly as part of an overhaul of its operating model. The new approach has seen the Revenue advertise new roles which it says will be "pivotal" in efforts to create a "more customer-centric service to internal and external customers"....
Royal London analysis of figures obtained from HMRC via a freedom of information request suggests that up to 1.75m workers could be missing out on tax relief worth a total of £60m. The issue stems from the fact the threshold for enrolling people in a workplace pension is £10,000, significantly les...
HMRC chief executive Sir Jonathan Thompson has defended pay regulations which have come under criticism, denying suggestions that they prevent employers from setting up salary schemes for staff. With Business Secretary Greg Clark examining claims that the rules are "overly complex" and "too difficul...
HMRC figures show that five times as many men as women earn more than £150,000, with analysis by the Sunday Times also revealing that 10 times as many men earn more than £1m. The data shows that around 295,000 men earn more than £150,000 a year, while only about 61,000 women do – although figur...
Analysis by Price Bailey shows that disputes between HMRC and taxpayers have climbed by more than 40% in two years, with 7,377 first-tier tribunal cases in the tax year that ended in April 2018 compared to 5,161 in 2015/16. Richard Grimster of Price Bailey suggests HMRC, under pressure to maximise t...
Several papers look at key changes that the new tax year brings, including the tax-free personal allowance increasing from £11,850 to £12,500. The basic rate limit will be increased to £37,500 while the higher-rate tax band is going up from £46,350 to £50,000 in England, Wales and Northern Irel...
Scottish workers earning under £27,000 - which equates to around 55% of the country’s taxpayers - will contribute less income tax than their counterparts elsewhere in the UK when new income tax thresholds are implemented on April 6. However, those earning more than this will pay more than taxpaye...
