UK Credit Card Debt Jumps 12.1% Amid Cost of Living Strain
UK credit card borrowing hits £1bn as households struggle with high living costs. Debt charity StepChange warns of a dangerous spiral. Read the full analysis.
Category : Search result: HMRC debt
Designer Tabitha Webb's Company Goes Bust Owing £700k
Fashion label Tabitha Designs Ltd, worn by the Princess of Wales, enters liquidation with over £700,000 in debts, including £50,000 owed to HMRC. Read the full story of the firm's collapse.
Strategies for paying off student loans quickly
Discover how three graduates managed to pay off their student loans in under a decade. Their unique strategies offer valuable insights for UK borrowers tackling education debt.
HMRC: 342 filed tax return in last hour of 2025
HMRC data shows 342 people submitted their self-assessment tax return in 2025's final hour. With the January 31 deadline looming, nearly 5.65 million still need to file. Avoid a £100 penalty by filing now.
Venezuela's $150bn debt crisis in focus after US action
The capture of Nicolas Maduro spotlights Venezuela's $150bn sovereign debt default. We analyse the creditors, restructuring hurdles, and grim economic backdrop. Discover the complex road ahead.
Venezuela's $150bn Debt Crisis Post-Maduro
With Maduro captured, Venezuela's $150bn sovereign debt default comes into sharp focus. We analyse the creditors, restructuring hurdles, and grim economic backdrop. Read the full analysis.
HMRC warns of £900 fines for late tax returns
HM Revenue & Customs urges 5.7 million to file tax returns by Jan 31 or face penalties up to £900. Key details on fines, payment plans, and new Child Benefit rules.
Mum clears £16k debt in two years with simple tips
A single mother reveals how she paid off £16,000 of debt in just two years using straightforward budgeting and lifestyle changes. Her story offers hope and practical advice for anyone struggling financially.
Mum pays off £16k debt using simple budgeting tips
A single mother reveals how she cleared £16,000 of debt in just two years through straightforward budgeting and lifestyle changes. Her story offers hope and practical advice for anyone struggling with finances.
Clearing Student Debt: Three Success Stories
Discover how three graduates in the US paid off student loans in under ten years. Learn their strategies for debt freedom, from refinancing to side hustles.
HMRC Updates Tax Refund Rules and Addresses Payment Issues
HMRC has issued new guidance on tax refunds, explaining when you'll receive a P800 letter and how to resolve payment issues if your address changes. Learn the steps to claim your money.
How to clear debt in 2026: Expert's essential tips
Financial expert Vicky Parry reveals actionable strategies to tackle credit card and overdraft debt. Learn about balance transfers, consolidation loans, and smart budgeting to achieve a debt-free 2026.
Investors profit billions from countries in debt distress
Exclusive analysis reveals how funds like BlackRock and JP Morgan are poised to make huge profits from loans to struggling nations, as debt crises deepen. Calls grow for UK-led reform.
Young Senator's Student Debt Cut Sparks Backlash
Australia's youngest senator, on a salary of nearly £125,000, faces criticism for celebrating a 20% student debt cut. Critics call the policy unfair, benefiting high earners most.
Gen Z Debt: 27% Default, Risking Mortgages
Over a quarter of UK Gen Z have defaulted on debt. Learn what a default means, its serious consequences for your credit file, and how to avoid one to protect your financial future.
Check Now: HMRC Says You Could Be Owed a Tax Refund
HMRC is urging UK taxpayers to check if they've overpaid tax and are due a refund. Find out the common reasons and how to claim via the official app or GOV.UK.
HMRC warns of £900 fines for late tax returns
Millions of UK workers risk £900+ fines if they miss the 31 January Self-Assessment deadline. HMRC urges action now to avoid penalties for late filing or payments.
Women hit harder by public debt in Scotland
New research reveals women in Scotland are disproportionately driven into poverty by public debt collection. A wake-up call for policymakers to reform harsh recovery methods.
HMRC P800 Tax Refund: How to Check and Claim
HMRC confirms millions may be due a tax refund. Check if you've overpaid on your pension, job pay, or expenses and discover how to claim via the HMRC app or GOV.UK.
HMRC warns against using semi-colons on tax forms
HMRC clarifies a key restriction for filling in your self-assessment tax return. Discover the common formatting error blocking submissions and how to fix it to avoid delays.
Vinted sellers face HMRC tax crackdown under new rules
HMRC launches new digital reporting requirements for online sellers using platforms like Vinted and Depop. Find out if you need to complete a tax return and avoid potential penalties.
Bank of England Warns of Growing Consumer Debt Crisis
Exclusive analysis reveals millions of Britons are struggling with bills and loan repayments as the Bank of England sounds alarm over growing consumer debt crisis.
Illinois wipes out $1bn medical debt for 300,000 residents
Governor JB Pritzker announces revolutionary $10 million medical debt relief programme, set to eliminate bills for nearly 300,000 Illinois residents in one of America's most ambitious healthcare reforms.
HMRC deadline: Last hours to avoid tax return fines
Millions of Brits face imminent HMRC deadline with just hours remaining to file self-assessment tax returns or risk substantial penalties. Essential guide to avoiding fines.
195,000 households get energy debts wiped clean
Major energy debt relief announced as regulator clears £25 million in outstanding bills for vulnerable households across Great Britain. Find out if you're eligible for this financial lifeline.
HMRC helps 195,000 taxpayers with payment plans
Struggling with tax payments? HMRC's expanded Time to Pay scheme offers breathing space to nearly 200,000 taxpayers. Discover how this initiative helps individuals and businesses manage their tax liabilities during financial hardship.
HMRC's £3,150 warning to 730,000 benefit claimants
HM Revenue & Customs has issued a critical alert affecting 730,000 tax credit claimants as major reporting changes take effect. Discover what you must do to avoid payments being stopped.
Surrey Labour splits over £1.2bn council debt crisis
Exclusive: Labour faces internal division in Surrey as two councils consider breaking away amid government pressure to address catastrophic local authority debt. The political earthquake threatens Starmer's authority in traditional Tory heartlands.
HMRC's child benefit crackdown targets travel fraud
UK tax authorities implement strict new measures to combat child benefit fraud, requiring families to prove children live with them when travelling overseas. Learn how this affects British parents.
HMRC Sends Tax Warning Letters to 45,000 Workers
Thousands of UK workers receive unexpected tax demands from HMRC after BBC expert reveals widespread coding errors affecting pensions and multiple jobs.
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