IR35 public sector reforms: HS2 finalises £6.2m settlement with HMRC over compliance failings
High Speed Two (HS2), the public body responsible for developing the UK’s high-speed rail network, has confirmed it paid HM…
Pete Wicks’ two businesses have gone bust with £1million of debt ahead of his stint on Strictly
Pete Wicks had shut down two businesses after they racked up £1million of debt before signing up to Strictly Come Dancing. The…
‘Free money’: £4bn lost to fraud and error on flagship HMRC ‘innovation’ scheme
A government scheme designed to promote innovation and boost the economy has lost over £4 billion to fraud and error…
HMRC gains only £14.4m in extra tax from insolvencies since regaining preferential creditor status
HMRC has collected an additional £14.4 million in tax from insolvencies over two tax years up to 2023 since it…
Uber Faces £1 Billion VAT Showdown with HMRC
Uber, the ride-hailing and food-delivery giant, is gearing up for a significant tax dispute with HM Revenue & Customs (HMRC)…
HMRC gave Fujitsu £1.4bn in new contracts after landmark 2019 Post Office court case
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.HM Revenue…
HMRC has not charged a single company over tax evasion for past 6 years
HMRC has not charged a single company under landmark legislation passed six years ago to crack down on corporate tax…
HMRC spends just 6% of annual budget on fighting tax avoidance
HMRC has been criticised for spending just 6.5% of its £6.8bn annual budget on preventing specific areas of tax evasion,…
HMRC to hire 1,630 extra temps monthly to improve falling customer satisfaction
HMRC revealed its plans to engage 1,630 extra temporary workers every month until September, as it looks to improve declining…
HMRC increases interest charged on late payments from 22nd August 2023
HMRC have increased the interest rates payable by taxpayers on late payments, to 7.75% – up from 7.5%, the highest…
