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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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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Simple assessment explained as millions brace for unexpected tax billsIncreasing numbers of people could get letters from HMRC saying they owe more tax due to frozen thresholds, under a system known as simple assessment. Here is what it means for you.
By Marc Shoffman Published
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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
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Don’t miss 31 July ‘payment on account’ tax deadlineMany 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
