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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How to limit how much of your Christmas bonus goes to the taxmanIt's Christmas bonus season but the boosted pay packet may mean much of your hard-earned reward ends up with HMRC instead of in your pocket
By Marc Shoffman Published
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Over 1 million pay 45% rate of income tax as fiscal drag bitesHundreds of thousands more people are being pushed into the additional rate tax band by fiscal drag
By Sam Walker Published
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Child Trust Funds: Could £2,242 of unclaimed money be waiting for you?More than £1.5 billion is sitting in unclaimed savings accounts belonging to 18-23 year olds. Here is how to track down lost Child Trust Funds
By Ruth Emery Last updated
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11 reasons you need to register for self-assessment before 5 OctoberThere are lots of reasons why you may need to register for self-assessment. But you’ll need to act fast to meet the 5 October deadline
By Ruth Emery Last updated
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What are wealth taxes and would they work in Britain?The Treasury is short of cash and mulling over how it can get its hands on more money to plug the gap. Could wealth taxes do the trick?
By Simon Wilson Published
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HMRC warning after scammers target 170k taxpayers – how to stay protectedScammers are using increasingly sophisticated methods to trick people into sharing personal details or paying for fake self assessment tax refunds
By Laura Miller Published
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HMRC rewarded tax informants with £850,000 as record fraud tip-offs sent to taxman last yearThe 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 wagesBanks 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 crackdownWhere 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
