This Morning host Eamonn Holmes, 60, is taking HMRC to court to fight £250,000 tax bill 

This Morning host Eamonn Holmes, 60, is taking HMRC to court to fight £250,000 tax bill Eamonn Holmes is set for a court showdown with HMRC over a £250,000 bill  Was hit with £250k bill after losing a case against the taxman over how he is paid The 60-year-old has now filed to take HM … Read more

Man accused of shooting Sergeant Matt Ratana while in Croydon police station ‘had a job with HMRC’ 

The man accused of shooting Metropolitan Police Sergeant Matt Ratana while in custody in a Croydon police station had a government job, according to reports. Suspected shooter Louis De Zoysa was an employee of HMRC in the run-up to the fatal shooting last month, the Sun on Sunday reports. Bosses are probing what clearance the … Read more

Coronavirus UK: HMRC investigates 27,000 ‘high-risk’ furlough claims

HMRC investigates 27,000 ‘high-risk’ furlough claims after it emerged Government paid out £3.5billion to fraudsters exploiting the Covid-19 jobs protection scheme HMRC bosses revealed 5-10% of payments may have been stolen or paid in error PM’s spokesman insists ‘everything possible’ would be down to claw back cash Furlough scheme is winding down and will be … Read more

Chairman of Travelex’s parent company quits in wake of HMRC crackdown

Chairman of Travelex’s parent company Finablr quits in wake of HMRC crackdown By Matt Oliver For The Daily Mail Published: 21:50 BST, 17 August 2020 | Updated: 21:50 BST, 17 August 2020 BR Shetty stepped down as Finablr chairman with immediate effect yesterday, with no explanation given The chairman of Travelex’s parent company has resigned … Read more

Callers were forced to wait 15 minutes to talk taxes with HMRC in May

Callers were forced to wait 15 minutes to talk taxes with HMRC in May- more than double the average waiting time for March By Money Mail Reporter For The Daily Mail Published: 22:01 BST, 14 July 2020 | Updated: 22:01 BST, 14 July 2020 Callers to HMRC customer services were put on hold for an … Read more

Property transactions fall to the lowest level since records began, HMRC says

Sales of residential homes fell to the lowest level since records began in 2005 last month, new figures from HM Revenue & Customs show. In April there were 38,060 transactions completed, which is less than half the number seen at the same point a year ago. Having been given the green light to get moving … Read more

Lifetime Isa penalty could still be 25% until HMRC updates systems in June

Lifetime Isa savers may still lose their own money to tap savings… as the taxman proves slow to update its system after rule change victory The Treasury is cutting the Lifetime Isa penalty from 25% to 20% until April 2021 Savers who need to access the money now won’t be charged their own money They … Read more

HMRC not keeping records of how much lifetime allowance savers use

Fears over pension tax timebomb: HMRC not keeping records of how much lifetime allowance savers use By Ben Wilkinson for the Daily Mail Published: 22:00 BST, 10 December 2019 | Updated: 09:31 BST, 11 December 2019 More than one million retirees could be oblivious to a looming tax bill because the Government is not keeping … Read more

HMRC is ‘inundated’ with claims from employees working from home

HMRC is ‘inundated’ with claims using little know tax relief for home workers’ office equipment – how do you make a claim and what is it? Millions who are now working from home are entitled to claim for certain items This could include study chairs, desks and stationary, printer paper and ink These claims are … Read more