HMRC

HMRC chief Jim Harra to step down

HMRC chief Jim Harra has announced that he is stepping down from the role in the spring.  In a LinkedIn…

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Electronic invoicing and tax avoiders on chancellor’s agenda

New chancellor Rachel Reeves has revealed that she wants to add 5000 new officers to HMRC in the next five…

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Inheritance tax liabilities increase by 4% in 2021/22

Inheritance tax liabilities increased by 4% to £5.99bn, a rise of £0.23bn, for the 2021/22 tax year according to data…

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Inheritance tax receipts hit £2.1bn in Q2

HMRC data has revealed that inheritance tax receipts for the period between April and June 2024 hit £2.1bn, up by…

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Overtime sees HMRC wage bill increase by £5.5m

HMRC has reduced its core workforce by -3.8% in the past year causing a reliance on overtime that has seen…

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Complaints for HMRC delays jumps 65% to 35,000

The number of customers complaining about HMRC delays jumped 65% last year to 35,000, up from 21,000 in the previous…

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UK tax gap reaches £39.8m in FY 2022-23, HMRC finds

The tax gap between revenue the UK was supposed to raise and the amount annually raised has hit £39.8bn in…

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Inheritance tax receipts raise £1.4bn in two months

Inheritance tax receipts hit £1.4bn in just the first two months of the 2024/25 tax year according to the latest…

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HMRC error could affect self-employed workers, LITRG warns

An HMRC error could mean that some low-income, self-employed workers lose out on their National Insurance-related benefits, The Low Incomes…

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Tax collected by HMRC rises by 5% to £827.7bn in 2023/24

Tax collected by HMRC in 2023-2024 has reached £827.7bn, almost 5% higher than the previous year, according to new provisional…

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