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HMRC

  • Google reviews have done more for public services than Whitehall

    February 18, 2025

    Google Maps reviews have done more for public services than Whitehall, writes Michael Martins in today's Notebook.

  • Court chucks out HMRC double tax treaty case against RBC

    February 12, 2025

    The UK Supreme Court, by a majority, dismisses HMRC's appeal over a double tax treaty linked to a North Sea oil production

  • Tax evasion likely ‘far higher’ than HMRC estimates

    February 12, 2025

    The true scale of tax evasion is likely far higher than HMRC estimates, with the department “not sufficiently curious” about solving the problem, a government committee has said. The UK tax gap was £5.5bn in the 2022-23 financial year, equivalent to around 0.7 per cent of all taxes owed and considerably lower than similar economies. [...]

  • Exclusive: Investment platforms flouting tax rules on ISA stocks

    February 6, 2025

    Almost all UK investment platforms have been breaking HMRC rules by allowing stocks ineligible for tax relief to be put in ISAs, a City AM investigation has revealed. AJ Bell, Fidelity, Interactive Investor and many others have been allowing stocks that should not get tax-free status to be added to ISA portfolios, meaning capital gains [...]

  • The Capitalist: Pedicabs, WH Smith and HMRC hang-ups

    January 30, 2025

    Pedicab politics, the demise of WH Smith and taxman ghostings: catch up on the latest gossip in this week's edition of The Capitalist.

  • Inheritance tax: Bill for Britain’s ‘most hated tax’ hits record

    January 22, 2025

    HMRC collected £6.3bn in inheritance tax in the last nine months, but with changes to the code announced in Budget, this bill is expected to get bigger.

  • Man United legend Bryan Robson to be hit with tax bill over ambassador role

    January 21, 2025

    Former Man United legend Bryan Robson has lost a chunk of his IR35 case against HMRC leaving him exposed to a undisclosed tax bill

  • Haaland: Man City striker could pay £150m to HMRC over new deal

    January 21, 2025

    Signing a lucrative contract, as Erling Haaland did with Manchester City this month, is usually one of the happiest days of someone’s life. Haaland has signed for nearly a decade in a deal that is reportedly worth £26m a year before bonuses. But the reality is that the taxman is coming, and for the Norway [...]

  • ScottishPower: Court grants appeal against HMRC over £28m tax bill

    January 17, 2025

    Energy giant ScottishPower has been granted an appeal to allow it to deduct £28m in fines by Ofgem for corporation tax purposes

  • Reeves employer NIC tax plans raise wind-up fears for football clubs

    January 7, 2025

    A total of 24 professional football clubs are in arrears to HMRC over PAYE debt, with experts fearing that number could rise due to Rachel Reeves’s budget. Clubs including Championship side Reading and National League Southend United are among those who received winding-up petitions from HMRC in 2024. But business experts have warned that changes [...]

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