HMRC
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Sep- 2023 -25 September
HMRC increased compliance staff by 3,000, Price Bailey finds
HMRC has increased the number of compliance staff by over 3,000 in the past year alone in a bid to…
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4 September
HMRC collects over £70m in extra tax from profit-diverting firms
HMRC has collected over £70m in extra tax in the past year from multinational businesses who voluntarily admitted diverting profits…
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Jul- 2023 -21 July
IHT receipts hit record high in June
Inheritance tax receipts for April 2023 to June 2023 hit £2.0bn, £0.2bn higher than the prior year and ahead of…
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18 July
Losses from error and fraud in R&D tax reliefs hit 16.7%
HMRC’s Annual Report and Accounts for 2022-23 has revealed that the overall level of error and fraud in R&D tax…
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17 July
HMRC investigations yield £34bn this year
HMRC’s annual report has revealed that its investigations into tax evasion and tax avoidance have yielded a total of £34bn…
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11 July
New information hub launched by The Insolvency Service
The Insolvency Service announced the launch of a new online information hub to support company directors. The hub hosts guidance…
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11 July
BDO warns HMRC still has ‘a mountain to climb’ to collect £48bn in unpaid taxes
BDO has warned there is still “a mountain to climb” to collect £48bn in unpaid taxes, after HMRC announced the…
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Jun- 2023 -23 June
Underpaid tax by wealthy individuals jumps 21% to £1.7bn
HMRC believes that wealthy individuals underpaid tax to the tune of £1.7bn in the 2022/3 tax year, meaning a 21%…
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22 June
Tax gap remains steady at 4.8%, says HMRC
The amount of unpaid UK tax has remained at an “all-time low” of 4.8%, HMRC has revealed. Its annual Measuring…
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21 June
IHT receipts up by £100m against last year
HMRC has revealed that inheritance tax receipts for April and May 2023 reached £1.2bn, a figure that is £0.1bn higher…
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