HMRC

Big businesses suspected to have overclaimed £725m in R&D tax relief

HMRC suspects the UK’s largest companies of owing £725m in underpaid tax in the last year because of over-claiming R&D…

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HMRC’s tax investigation yield jumps to £30.8bn in past year

The total revenue HMRC generated from tax investigations and other compliance activity has risen to £30.8bn in 2021, up from…

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HMRC to open new regional centre in Newcastle

HM Revenue and Customs (HMRC) has announced it will relocate to Newcastle’s Pilgrim’s Quarter, part of the Pilgrim Street development…

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HMRC sees tax revenues fall by £27.9bn due to Covid impact

HM Revenue and Customs’ (HMRC) total tax revenue fell by £27.9bn in the financial year 2020-2021 due to the impact…

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HMRC recovers £4bn in taxes amid increase in investigations

HMRC’s investigations and compliance work saved £4bn in taxes from being lost in the last quarter, nearly double the £2.2bn…

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HMRC sees tax receipts and NICs rise £84.7bn

HMRC has reported that total tax receipts and NI contributions (NICs) for April 2021 to August 2021 across the UK…

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HMRC names Jonathan Russell as VOA chief exec

HMRC has announced that Jonathan Russell has been appointed chief executive of the Valuation Office Agency (VOA). An executive agency…

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HMRC Q1 net debt falls 13% to £50bn

HMRC has reported that net debt fell to £50bn in Q1 FY21, a 13% fall from the £57.5bn debt seen…

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HMRC adds director general for customer strategy and tax design

HMRC has announced the appointment of Jonathan Athow as the body’s new director general for the customer strategy and tax…

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HMRC reveals almost 800,000 WFH tax relief claims made since April

Since April, almost 800,000 employees who have been working from home during the pandemic, have claimed tax relief on household…

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