Category : Search result: HMRC tax debt


John Barnes declared bankrupt over HMRC tax bill

Former Liverpool and England football star John Barnes has been declared bankrupt following a High Court battle with HMRC over an unpaid tax debt, marking a dramatic fall from grace for the 90s football icon.

Charity donor's £500 gift slashed to £25 by HMRC

A kind-hearted donor was left reeling after HMRC clawed back £475 from her £500 charity donation due to complex Gift Aid rules. Discover how this tax trap could affect your charitable giving.

HMRC: Check Now for £100+ Tax Refunds

HMRC urges employees to check if they've overpaid tax through emergency tax codes. Many workers could be due refunds of £100 or more. Here's how to claim your money back.

HMRC's 'Breathing Space' for 1.4M in Tax Debt

Exclusive: HMRC launches a major new initiative to help over a million individuals and businesses struggling with tax bills, offering flexible payment plans and pausing debt collection.

2.2 Million Pensioners Face Stealth Tax After Pension Hike

A massive stealth tax trap is set to snare over two million pensioners following the recent state pension increase, with many facing unexpected bills from HMRC. Experts warn of financial distress and complex repayments.

10 Urgent HMRC Tax Warnings for UK Taxpayers

UK taxpayers are being alerted to ten critical HMRC deadlines and pitfalls that could lead to hefty fines. From Child Benefit to side hustles, ensure you're compliant.

Australia's £50BN Debt Interest Time Bomb

Australia is facing a severe fiscal crisis as interest payments on its national debt are projected to skyrocket, consuming an ever-larger portion of the federal budget and threatening future economic stability.

New UK Car Tax Rules 2025: EV Owners to Pay

Major Vehicle Excise Duty (VED) changes are coming in 2025. Our guide explains how the new UK car tax laws will affect electric and petrol car owners, who must pay, and how to avoid penalties.

Mum clears £36k credit card debt with simple method

A UK mother reveals her simple but effective 'snowball method' to become debt-free, paying off a staggering £36,000 in credit card debt on an average income. Her story is an inspiration to families struggling with the cost of living.

Debt Collector Hell: Pursued for a Stranger's Bills

A UK man's five-year ordeal with relentless debt collectors over a stranger's unpaid bills exposes a shocking flaw in the system. Discover how to protect yourself from wrongful debt pursuit.

HMRC's Urgent Pension Tax Warning for Millions

A crucial HMRC update reveals a hidden pension tax trap affecting millions. Discover if you're at risk of unexpected tax charges and the immediate action you must take to protect your retirement savings.

Nigel Farage Faces Fresh HMRC Tax Investigation Scandal

Exclusive: HMRC launches new investigation into Nigel Farage's tax affairs amid allegations of undisclosed income and offshore accounts. The Reform UK leader faces mounting pressure as financial scrutiny intensifies.

Rayner and Farage in Dual Tax Scandal Over Properties

A political firestorm ignites as both Labour's Angela Rayner and Reform's Nigel Farage face intense scrutiny over their tax affairs and property declarations, raising questions of hypocrisy and accountability.

State Pension Shock: Millions Face New Tax Bills

Exclusive: Millions of UK pensioners are set to be dragged into the tax net for the first time as the state pension is projected to breach the personal allowance limit within years, in a major blow to retirement incomes.

ATO's Tax Return Warning: Top 10 Mistakes to Avoid

The Australian Taxation Office issues an urgent alert to millions of taxpayers. Discover the top deduction pitfalls and compliance errors to avoid for a stress-free tax return this financial year.

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