Tag: hmrc news
HMRC issues alert as thousands of young people could be owed £2,240
The Government is encouraging young people aged 16 to 18 to check if they have money waiting for them. …
HMRC issues one-week deadline to taxpayers – ‘check here’
HM Revenue & Customs has taken to X to announce the deadline for anyone completing a self-assessment tax return for the first time. …
HMRC confirms 4 reasons why it can take money from people’s bank accounts
The department has resumed its practice of directly recovering unpaid taxes from individuals’ bank accounts. …
Taxman targets 400,000 freebie Instagram ‘stars’ – with £100 fines looming
Industry experts warn that around 400,000 people in the UK could be affected …
HMRC hits back over viral ‘block on £800 bank payments’ claims
In a statement, HMRC said: “These claims are completely false. There are no such rules.” …
HMRC error could mean thousands owe cash
The tax office has admitted that its online filing service was not updated in time to reflect Rachel Reeves’ Autumn Budget changes …
HMRC says ‘we have limited knowledge’ over ISA limit rule
A taxpayer had a question about transferring their funds around …
Brits issued 3-day HMRC alert or risk having £1,355 benefit ‘stopped’
HMRC has urged people to act to avoid “missing out on important income”. …
HMRC targets ‘personal expenditure’ in tax crackdown on UK households
An initial trial of the crackdown held last year exposed reporting inaccuracies among taxpayers. …
HMRC issues 12 month tax warning set to impact 700,000 ordinary Brits
Four in five accountants view the tax change as the biggest challenge of the year ahead. …
