Topics: Crime, Law, Legal affairs

  • UK to revoke Moscow Stock Exchange's recognised status

    The UK’s tax authority, HM Revenue and Customs (HMRC), has today (19 April 2022) announced its intention to revoke the Moscow Stock Exchange’s (MOEX) status as a recognised stock exchange. This means investors will not be able to access certain UK tax benefits in future when trading securities on MOEX, although existing investments will be protected.

  • More than 142,000 use online payment plans to pay their Self Assessment tax bill

    More than 142,000 customers have used HMRC’s online Time to Pay facility to spread the cost of their Self Assessment tax bill since April 2021, HM Revenue and Customs (HMRC) has revealed.
    The Self Assessment deadline for 2020/21 tax returns was 31 January but, this year, HMRC gave customers until 1 April to pay any tax owed and not face penalties.
    Customers who were unable to pay in full but

  • Less than one week to go for MTD

    Businesses have less than a week to prepare for Making Tax Digital (MTD) for Value Added Tax (VAT) becoming mandatory for VAT-registered businesses on 1 April, HM Revenue and Customs (HMRC) said today.

  • One week left to pay your Self Assessment tax bill

    Self Assessment customers have just one week left to pay their tax bill or set up a payment plan to avoid incurring a penalty, HM Revenue and Customs (HMRC) has urged.
    Customers have until 1 April to pay all tax due from their 2020/21 tax return and not receive a late payment penalty. If they are unable to pay in full, there is still time to set up an online payment plan to spread the cost of t

  • Post Office card accounts: switch now, says HMRC

    HM Revenue and Customs (HMRC) is warning Post Office card account holders, who receive HMRC-related payments, that time is running out – with just two weeks left to switch their accounts.

  • Scammers targeting Self Assessment customers, HMRC warns

    HM Revenue and Customs (HMRC) is warning Self Assessment customers to be on their guard following the Self Assessment deadline after more than 570,000 scams were reported to HMRC in the last year.
    At this time of year, Self Assessment customers are at increased risk of falling victim to scams, even if they don’t mention Self Assessment. They can be taken in by scam texts, emails or calls either

  • HMRC customers have one month left to switch their Post Office card account

    HM Revenue and Customs (HMRC) is reminding about 7,500 tax credits, Child Benefit and Guardian’s Allowance customers they have just one month left to switch their Post Office card account.
    HMRC will stop making payments to Post Office card accounts after 5 April 2022 so customers must notify HMRC of their new account details, so they don’t miss out on vital payments.
    In November 2021, HMRC e

  • More than one million customers take advantage of extra time to file tax returns

    HM Revenue and Customs (HMRC) has revealed that more than one million customers filed their late tax returns in February – taking advantage of the extra time to complete their Self Assessment without facing a penalty.
    About 12.2 million customers were expected to file a return for the 2020/21 tax year and more than 11.3 million customers submitted theirs by 28 February.
    The deadline for subm

  • One week to file your Self Assessment return

    Time is running out for customers who still need to file their Self Assessment tax return and avoid a penalty, HM Revenue and Customs (HMRC) has warned.

  • Almost 100,000 customers spread the cost of their tax bill

    Almost 100,000 Self Assessment customers have used online payment plans to spread the cost of their tax bill into manageable monthly instalments since April 2021, HM Revenue and Customs (HMRC) has revealed.

  • All you need is…Marriage Allowance

    Married couples and people in civil partnerships could receive extra cash this Valentine’s Day as HM Revenue and Customs (HMRC) encourages those eligible to sign up for Marriage Allowance to reduce their tax bill.

  • More than 10.2 million filed their Self Assessment by 31 January

    More than 10.2 million customers filed their 2020/21 tax returns by the 31 January deadline, HM Revenue and Customs (HMRC) has revealed.
    More than 630,000 customers filed on deadline day and the peak hour for filing was 16:00 to 16:59 when 52,475 completed their Self Assessment. There were 20,947 customers who completed their tax return between 23:00 and 23:59.
    More than 12.2 million custome

  • Don’t miss out on up to £2,000 towards childcare costs

    Thousands of working families in the UK could be missing out on an opportunity to get up to £2,000 a year to help with the cost of childcare, HM Revenue and Customs (HMRC) is reminding parents, ahead of February half term.
    Tax-Free Childcare – the 20% childcare top-up – provides eligible working families with up to £500 every three months (or £1,000 if their child is disabled) towards the cost

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