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  • HMRC to move to No.1 The Goodsyard in Portsmouth city centre

    No.1 The Goodsyard, part of a new development on Station Street, Portsmouth, is set to become the new location for HM Revenue and Customs (HMRC).
    The state-of-the-art Portsmouth office will be a government hub and HMRC’s 14th regional centre. It will accommodate approximately 1,250 HMRC and Marine Management Organisation (MMO) employees in the city, an increase of more than 350 full time roles

  • Brothers sentenced for offshore tax scam

    Two brothers, Stephen and Michael Hirst, have been sentenced for a 3.2 million offshore tax scam. The brothers used offshore companies to hide money from the sale of land in Wakefield, to evade tax. They were given the chance to pay what was owed through a Contractual Disclosure Facility but failed to do so.

  • HMRC launches VAT Registration Estimator

    HM Revenue and Customs (HMRC) has launched a digital tool to help businesses estimate what registering for VAT may mean for them.
    The VAT Registration Estimator has been developed after feedback from small businesses suggested an online tool would be helpful to show when their turnover could require businesses to register for VAT and its effect on profits.
    A business must register for VAT i

  • Leicester rag trade fraudsters jailed

    The directors of a Leicester clothing company that supplied well known high street and online retailers have been jailed for a £1.3 million tax fraud.

  • Car finance fraudster jailed

    A gang that set up 90 bogus companies in a bid to steal more than £800,000 in a VAT and car finance fraud have been sentenced to more than 10 years.

  • 300,000 file tax returns in the first week of the tax year

    Almost 300,000 Self Assessment customers filed their tax return in the first week of the new tax year, almost 10 months ahead of the deadline, HM Revenue and Customs (HMRC) has revealed.
    Customers can file their Self Assessment returns for the 2023 to 2024 tax year between 6 April 2024 and 31 January 2025.
    Almost 70,000 people filed their return on the opening day this year (6 April) and HM

  • HMRC app speeds up student loan applications

    With many A level students planning their next steps in life, those starting university in September can ‘tap the app’ to get National Insurance and tax information they need to complete their student finance applications, HM Revenue and Customs (HMRC) has said.
    Anyone applying for a student loan for the 2024/25 academic year is encouraged to start their application now and to get the essential

  • Siblings made-up movie in £1m tax fraud

    Brothers who tried to steal £1 million in a ‘staggering and audaciously dishonest’ film tax fraud have been jailed for a total of 14 years.

  • What the Child Benefit rate rise means for you

    Millions of families who claim Child Benefit will automatically receive increased payments from 6 April 2024, HM Revenue and Customs (HMRC) has confirmed.
    Families with one child will now receive up to £1,331 a year – an annual increase of £83.20, and up to £881 a year per additional child – an annual increase of £54.60. There is no limit to how many children families can claim for.
    Parents

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