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HMRC increases take from tax investigations into small businesses

Dan Martin - 0
The amount collected by HMRC from tax investigations into small businesses and individuals has increased by 23% over the last year. The average is...

HMRC chasing £27 billion of overdue tax payments

Dan Martin - 0
Overdue payments of corporation tax, VAT and PAYE to HM Revenue & Customs (HMRC) reached £27.1 billion in the third quarter of 2025, a...

HMRC reverses decision to close helpline on self assessment tax return deadline day

Dan Martin - 0
HM Revenue & Customs (HMRC) has backtracked on its decision to not open its self assessment tax return helpline on 31 January. The tax authority...

Cryptocurrency exchanges must share user details with HMRC in crackdown on tax evasion

Dan Martin - 0
New rules have been introduced today aimed at preventing buyers and sellers of cryptocurrency from avoiding paying tax. Under the Cryptoasset Reporting Framework (CARF),...

More than 4,800 self assessment scams reported to HMRC

Dan Martin - 0
HM Revenue & Customs (HMRC) has urged people to stay alert to potential scams ahead of the self assessment deadline. The tax authority said it...

HMRC urges Christmas crafters to check tax rules

Dan Martin - 0
People making money from Christmas crafts, market stalls, or selling festive items have been reminded to check if they need to tell HM Revenue...

More than 300,000 self-employed taxpayers face fines if they miss key HMRC deadline this Friday

Dan Martin - 0
The 300,000+ people who submit a paper Self Assessment tax return have been reminded of the 31 October deadline. Although digital submissions are far more...

HMRC opens applications for exemptions from Making Tax Digital for income tax

Dan Martin - 0
HM Revenue & Customs has published new guidance for who is exempt from having to comply with Making Tax Digital for income tax which...

HMRC restarts scheme to recover debts direct from taxpayers’ bank accounts

Dan Martin - 0
HM Revenue & Customs (HMRC) has resumed the controversial programme which allows it to collect unpaid tax direct from the bank accounts of individuals...

What you have to tell HMRC about your ‘side hustle’ 

SME - 0
By Rob Rees, Divisional Director, Markel Direct The growth in side-businesses over the past few years has been significant, and from this January’s tax return...
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