Hundreds of businesses fined a total of £3.2 million for breaching anti-money laundering rules have been named by HM Revenue and Customs (HMRC).
The 240 supervised businesses named today were fined between 1 July and 31 December 2022 by HMRC for breaching Money Laundering Regulations aimed at preventing criminals from exploiting illicit cash.
Certain types of business are required to regist
Two companies have been ordered to stop selling specific avoidance schemes immediately or face an initial penalty of £100,000, HM Revenue and Customs (HMRC) announced today.
Updates have been delivered to the HM Revenue and Customs (HMRC) app, giving access to most services on the platform in Welsh for the first time.
Almost 2,800 workers in Birmingham were underpaid by £775,000 last year, HM Revenue and Customs (HMRC) has revealed as it approaches local employers to help prevent errors in salaries.
HMRC is writing to more than 8,000 employers in the Birmingham area to highlight common mistakes around the National Minimum Wage (NMW) and National Living Wage (NLW) - offering practical support to help them get
Tax credit claimants should be on their guard against fraudsters, as HM Revenue and Customs (HMRC) warns of the latest tactics being employed by scammers.
HMRC has issued a new alert, providing details of a number of new scams reported that aim to trick people into handing over money or personal information. Criminals use deadlines – like the tax credits renewal deadline on 31 July – to target
Workers in the Bradford area are being urged to check they are not missing out on wages, after £560,000 worth of arrears was paid out in the city.
The sum has been issued to 485 workers in Bradford who were underpaid the National Minimum Wage or National Living Wage in the 2022 to 2023 financial year, HM Revenue and Customs (HMRC) has announced.
The National Living Wage is the minimum wage f
Two men involved in one of the UK’s largest ever carousel tax frauds have been sentenced to a combined total of 31 years in jail. Sock manufacturer Arif Patel, 55, of Dubai, was sentenced in his absence to 20 years behind bars, while co-accused Mohamed Jaffar Ali, 59, also of Dubai, was also sentenced in his absence to 11 years in jail.
Tax-Free Childcare has saved 649,935 families on their childcare costs during the 2022 to 2023 tax year, an increase of more than 137,500 from the previous year according to the latest statistics released by HM Revenue and Customs (HMRC) today (24 May 2023).
Help to Save – the government savings scheme for low-income earners, which offers a 50% bonus payment worth up to £1,200 over 4 years – has been extended to April 2025, HM Revenue and Customs (HMRC) has confirmed.
HM Revenue and Customs (HMRC) is reminding employed workers they can claim a refund on work-related expenses directly through GOV.UK.
The number of Self Assessment customers who choose to file their tax return on the first day of the tax year (6 April 2023) has more than doubled since 2018, HM Revenue and Customs (HMRC) has revealed.
More than 77,500 customers submitted their tax return for the 2022 to 2023 tax year on 6 April 2023, compared to almost 37,000 customers on 6 April 2018.
The deadline to file tax returns for
HM Revenue and Customs (HMRC) has named two Belize registered companies as promoters of a tax avoidance scheme in the UK.
HMRC is responsible for making sure that the money is available to fund the UK’s public services and for helping families and individuals with targeted financial support.
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