HMRC
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Feb- 2024 -8 FebruaryHMRC
HMRC sends 8,329 ‘nudge’ letters to crypto investors for owed tax
HMRC has sent a total of 8,329 “nudge” letters to individuals suspected of owing tax on cryptocurrency assets, according to…
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Jan- 2024 -29 JanuaryHMRC
HMRC opened 1,091 serious tax investigations in 2023
HMRC has opened 1,091 serious tax investigations in the last year to March 31 2023, according to multinational law firm…
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3 JanuaryTax
HMRC to crackdown on online trading income
HMRC will require digital platforms to collect information on how much their users make from 1 January 2024. This means…
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Nov- 2023 -21 NovemberLatest News
Today’s news in brief – 21/11/2023
Business advisory firm Fortus has merged with R&D tax credit specialist Copper Tax. Claire Upton, founder and director of Copper…
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21 NovemberTax
IHT receipts set for record breaking year
HMRC has revealed that Inheritance Tax receipts were worth £4.6bn between April and October 2023, £0.5bn higher than the same…
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Sep- 2023 -25 SeptemberHMRC
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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20 SeptemberTax
Poor HMRC service levels harming business, CIOT finds
Widespread dissatisfaction with HMRC service levels among tax agents and taxpayers makes it harder to do business, according to survey…
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1 SeptemberLatest News
Sloppy payroll racks up over £75m in penalty charges, HMRC says
New data from HM Revenue and Customs (HMRC) obtained by MHR, the HR, payroll and finance expert, shows the drastic…
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Aug- 2023 -22 AugustRegulators
IHT receipts rise to £2.6bn
IHT receipts for April to July 2023 amounted to £2.6bn, which is £0.2bn higher than the same period a year…
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3 AugustTax
Record £16.7bn of CGT receipts registered by HMRC
Record amounts of capital gains and tax were recorded in the 2021 to 2022 tax year with HMRC recording Capital…
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