HM Revenue and Customs
The latest news, updates and opinions on HM Revenue and Customs from the expert team here at MoneyWeek
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HMRC rewarded tax informants with £850,000 as record fraud tip-offs sent to taxman last year
The taxman was tipped off about 164,670 cases of alleged fraud last year, but total rewards given to snoops fell in the 2024/5 tax year.
By Daniel Hilton Published
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HMRC savings tax crackdown: More workers to pay tax directly from their wages
Banks and building societies will be required to obtain National Insurance numbers from savers to make it easier for HMRC to tax those who breach their personal savings allowance
By Ruth Emery Published
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Inheritance tax investigations catch out 1200 more families in HMRC crackdown
Where there is a suspicion inheritance tax has been underpaid, HMRC has extensive powers to check the deceased individual’s financial affairs and chase what is owed. Will you pay more?
By Laura Miller Published
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Don’t miss 31 July ‘payment on account’ tax deadline
Many self-employed people have a second tax payment deadline. With an 8.25% interest charge on late payments, it’s important to pay your bill on time
By Ruth Emery Last updated
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Do you still have to file a tax return if you don’t owe any tax?
Even if you do not owe the taxman any money, failure to complete and submit your tax return could result in a penalty costing you up to £1,600.
By Daniel Hilton Published
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Tax return: HMRC’s payments on account deadline is approaching – here is why it is unfair for the self-employed
Self-assessment taxpayers have just under a week to pay the latest instalment of their tax return, but is the charge fair? Marc Shoffman explains why this is hurting self-employed people
By Marc Shoffman Last updated
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Pension tax relief – why the taxman could owe you money
If you haven't yet completed your tax return ahead of the 31 January deadline, don't forget any unclaimed pension tax relief
By Katie Williams Last updated
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Self-assessment tax scam warnings raised ahead of tax return deadline
Self-assessment tax scams are on the rise according to HMRC. We look at the common scams and how to safeguard yourself
By Marc Shoffman Last updated
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Tax return deadline: act now to get your paper tax return in by 31 October
We explain who needs to complete a self-assessment tax return, common mistakes to avoid - and what to do if you miss the deadline
By Ruth Emery Last updated
