Nearly 1 million tax credits claimants to lose benefit if they don't take action
With the tax credits renewal deadline just one week away, HM Revenue and Customs (HMRC) is reminding claimants to renew or face losing their payments.
HMRC’s High Net Worth Unit brings in £1 billion
HM Revenue and Customs’ High Net Worth Unit – a specialist division which deals with the tax affairs of the UK’s wealthiest individuals – has brought in £1 billion in compliance yield.
Avoidance schemes members to make upfront payments
A list of tax avoidance schemes whose users may be required to make an upfront payment of tax has been published today by HM Revenue and Customs (HMRC).
Top 10 tax credits renewal ‘excuses’ revealed
With the tax credits renewal deadline of 31 July just over two weeks away, HM Revenue and Customs (HMRC) has revealed the top 10 excuses for not renewing tax credits claims.
Tax credits claimants warned over scam emails
Tax credits claimants are being warned about scam or “phishing” emails sent out by fraudsters in the run-up to the 31 July renewal deadline.
Court rejects bid to block stamp duty avoidance crackdown
The High Court has thrown out an attempt to challenge legislation introduced to tackle Stamp Duty Land Tax (SDLT) avoidance.
Digital services suppliers get one-stop EU VAT service
Businesses supplying digital services – broadcasting, telecoms and e-services such as smartphone games and other apps – across the European Union will be able to use a one-stop VAT service from January.
HMRC secures record £4.6m minimum wage arrears for underpaid workers
Over £4.6 million in wage arrears has been paid to more than 22,000 workers following a successful year for HM Revenue and Customs’ (HMRC) National Minimum Wage (NMW) enforcement teams.