Category : Search result: HMRC


Accountant's urgent warning for 2.7M facing tax penalties

A leading accountant issues crucial last-minute advice for the 2.7 million taxpayers yet to file self-assessment returns. Avoid the £100 penalty and mounting interest charges with these essential tips before the January 31st HMRC deadline.

John Barnes settles tax debt, exits bankruptcy

England and Liverpool icon John Barnes has finalised a significant payment to HM Revenue & Customs, officially concluding his bankruptcy proceedings after a three-year financial ordeal.

Angela Rayner Faces HMRC Probe Over Council House Sale

Labour's Deputy Leader Angela Rayner is under investigation over the sale of her former council house amid questions about capital gains tax and her declared main residence. The controversy centres on claims she may have avoided a substantial tax bill.

3-Day Warning For Parents Over £1,000s Childcare Cash

Urgent deadline alert for UK parents. Thousands could miss out on significant Tax-Free Childcare and 30 hours free funding if they don't act by the 31st March deadline. Here’s how to secure your money.

Urgent Child Benefit Deadline: Claim for 2013 Kids Now

HMRC issues critical alert as thousands of British families risk missing out on thousands of pounds in Child Benefit and National Insurance credits. Time is running out to claim for children born as far back as 2013.

UK landlords face tax overhaul on rental income

HMRC is considering a major tax overhaul that could see UK landlords paying tax on their gross rental income instead of profits. Discover how this proposed change might impact property investors and the rental market.

Vinted Sellers Face HMRC Tax Crackdown

A leading tax expert issues an urgent warning to Vinted and eBay sellers as HMRC's new data-sharing powers come into force, potentially landing thousands with unexpected tax bills.

Retirees Face £1bn Pension Tax Shock from HMRC

HMRC is accused of 'highway robbery' as new data reveals over 10,000 pensioners a month are hit with emergency tax on withdrawals, with many waiting months for refunds. Experts demand urgent reform to the 'cruel' system.

Lil Nas X Faces £80k Tax Bill from UK Government

Rapper Lil Nas X could be forced to pay a massive £80,000 tax bill to HM Revenue & Customs following a probe into his earnings from a 2022 UK performance, with experts warning of serious consequences for non-payment.

Find Your Child's Hidden £1,000+ Trust Fund

Exclusive investigation reveals a massive Child Trust Fund oversight affecting millions of UK families. Discover if you're sitting on a hidden fortune and the simple steps to claim it.

OnlyFans Millionaires Face HMRC Tax Investigation

Exclusive investigation reveals how top UK-based OnlyFans creators are making millions while HMRC launches major tax compliance operation targeting the lucrative adult content industry.

Pensioner wins £10k tax victory against HMRC

A retired British pensioner has successfully reclaimed nearly £10,000 after a landmark tribunal ruled HMRC unfairly taxed his pension. This case sets a crucial precedent for thousands of retirees facing similar tax demands.

HMRC's New Tax Rules for Vinted & eBay Sellers

UK online sellers on Vinted, eBay, and Etsy are being urgently warned about a major new HMRC tax rule change coming into force on January 1st, 2024. Here's what you need to know to stay compliant.

UK clamps down on foreign child benefit fraud

Ministers launch a major crackdown on families fraudulently claiming UK child benefits for children living abroad. New data-sharing powers with foreign governments aim to save taxpayers millions.

UK slashes Child Benefit for children living overseas

Exclusive: The UK government is implementing a major crackdown on Child Benefit claims for children living overseas. The new 'UK link' test could see thousands of families lose crucial financial support. Here's what you need to know.

Crypto ISA Warning: Risk to Your Tax-Free Savings

Exclusive: A stark warning has been issued to UK investors hoping to hold cryptocurrencies like Bitcoin in a tax-free ISA. Experts reveal the one major pitfall that could see savers lose their valuable allowance and face a hefty tax bill.

State Pension Tax Trap: Thousands Owe HMRC

A hidden tax trap is snaring UK state pensioners. Discover why you might owe HMRC even if your income is below the tax threshold and how to check if you're affected.

Ex-Chelsea star Burley hit with £465k tax bill over World Cup work

Former Scotland and Chelsea midfielder Craig Burley has been handed a staggering £465,000 tax bill by a judge for money earned during his punditry work at the 2018 World Cup for ESPN. The ex-footballer's financial 'disaster' serves as a stark warning to o

Holly Willoughby's firm gets tax bill extension

Runnens Media, co-owned by TV presenter Holly Willoughby, has been granted extra time to settle a significant corporation tax bill, raising questions about the financial health of the celebrity-backed enterprise.

HMRC £42bn Unclaimed Tax Refund Alert

Exclusive: HMRC is sitting on a £42bn pot of unclaimed tax refunds. Our guide reveals the simple checks to see if you're owed money and how to claim it securely.

GOP Rep's Tax Loophole Advice Sparks Ethics Scandal

EXCLUSIVE: Iowa Congresswoman Mariannette Miller-Meeks faces scrutiny after advising constituents to exploit tax loopholes in a leaked town hall recording, raising serious ethical questions in Westminster.

Urgent Check For £2,000 Per Child In Free Cash

Families across the UK are being urged to check their eligibility for a massive government top-up worth thousands. This little-known scheme could secure your child's financial future. Here's how to claim.

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