Record £1.9 million fine for breaching money laundering regulations [amended on 16 May 2022]
A money service business (MSB) has been hit with a record £23.8 million fine for flouting money laundering regulations.
Topics: Crime, Law, Legal affairs
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Self Assessment deadline: less than one month to go
Around 5.4 million Self Assessment customers have less than a month to complete their tax return, HM Revenue and Customs (HMRC) announced today, ahead of the deadline on 31 January.
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2,700 tax returns sent in on Christmas Day
More than 2,700 customers filed their Self Assessment tax return on Christmas Day, HM Revenue and Customs (HMRC) can reveal.
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Savers receive Help to Save bonus payment
More than 60,400 savers across the UK have earned their first Help to Save bonus payment, each receiving an average of £378 in time for Christmas, HM Revenue and Customs (HMRC) can reveal.
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UK Trader Scheme launched to support businesses moving goods from Great Britain to Northern Ireland
Traders are being urged to consider whether they need to sign up to the new UK Trader Scheme (UKTS) to ensure traders don’t pay tariffs on the movement of goods into Northern Ireland from Great Britain where those goods can be shown to remain the UK’s customs territory from 1 January.
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HMRC and ASA launch new action to disrupt promoters of tax avoidance schemes
HM Revenue and Customs (HMRC) and the Advertising Standards Authority (ASA) have today launched new action to cut out misleading marketing by promoters of tax avoidance schemes.
The joint enforcement notice aims to disrupt the activity of promoters and protect people from being presented with misleading adverts which may tempt them into tax avoidance.
It requires promoters to be clear abou -
Capital Gains Tax changes that Self Assessment customers need to know about
Time is running out for anyone who sold a second home during 2019-20 to declare it on their Self Assessment tax return.
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Post-payment checks to begin on Eat Out to Help Out scheme
HMRC is beginning to write to selected Eat Out to Help Out (EOTHO) claimants to ask them to check their claims.
The EOTHO scheme saw more than 84,000 food and drink establishments take part and offer a 50% discount on eligible purchases on Mondays, Tuesdays and Wednesdays during August 2020.
HMRC worked quickly to set up a system to pay restaurants within five working days. Controls were bui -
Self Assessment customers warned about scammers posing as HMRC
Self Assessment customers should be alert to criminals claiming to be from HM Revenue and Customs (HMRC).
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Ready, steady, file: 100 days left to Self Assess
HM Revenue and Customs (HMRC) is reminding Self Assessment customers that there are just 100 days left to complete their tax return ahead of the deadline on 31 January 2021.
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54,800 customers claim tax relief for working from home
HM Revenue and Customs (HMRC) has received more than 54,800 claims from customers using a new online portal which allows workers to claim tax relief for working at home.
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HMRC urges universities to warn new students of tax scams danger
Students starting university this year are being warned by HM Revenue and Customs (HMRC) that they could be targeted by a fresh wave of tax scams.
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Self Assessment customers to benefit from enhanced payment plans
Self Assessment customers can apply online for additional support to help spread the cost of their tax bill into monthly payments from today (1 October), without the need to call HM Revenue and Customs (HMRC).
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Wild and wonderful places you can Eat Out to Help Out
On top of mountains, on board a Royal Yacht and even sat amongst llamas – these are just some of the wild and wonderful places where you can enjoy the UK Government’s Eat Out to Help Out Scheme.
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Millions of teenagers to get access to pot of money each over the next nine years
Millions of teenagers are set to benefit for the first time from money in Child Trust Funds (CTFs) that has been waiting for them since they were young children.
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Support for working families affected by Coronavirus given an extra boost
Families who benefit from government funded childcare support were given a boost today as the Government announced that they would not lose out due to COVID-19.
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Eat Out to Help Out – look for the logo
More than 53,000 outlets across the UK have so far signed up to the UK Government’s Eat Out to Help Out Scheme - and today a new official Government online finder is available to help diners locate them.
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Tax credits deadline:customers at risk of losing out
Tax credits customers have just one week left to tell HM Revenue and Customs (HMRC) about changes to their circumstances or income before the deadline on 31 July 2020.
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£11 billion cash flow boost available to Self Assessment customers facing difficulty due to COVID-19
Anyone who has difficulty paying their second 2019/20 Self Assessment payment on account can take advantage of automatically deferring the payment until 31 January 2021, HMRC is reminding taxpayers.
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HMRC invites hospitality industry to register for Eat Out to Help Out
Restaurants and other establishments serving food for on premises consumption can now sign up to a new government initiative aimed at protecting jobs in the hospitality industry and encouraging people to safely return to dining out.
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