HMRC Intensifies VAT Crackdown with Nearly 12,000 Investigations Launched Monday, April 20, 2026 hmrc vat taxgap compliance investigations taxreform revenue debtmanagement taxevasion government HM Revenue & Customs (HMRC) has significantly increased investigations into unpaid VAT among large and medium-sized businesses, opening nearly 12,000 probes last year—a 31% rise from the previous year. This crackdown is … Read More
HMRC Targets UK Families Over Misinterpreted Gifts, Resulting in £61 Million Inheritance Tax Bills Monday, April 20, 2026 hmrc inheritance tax uk finance gifts connect taxrules estates planning HMRC is turning a spotlight on UK families as certain gifts to loved ones unintentionally trigger substantial inheritance tax bills. In the 2023-24 tax year alone, approximately 220 gifts valued at £61 million breached HMRC’s … Read More
HMRC Child Benefit Payments Arrive Early in May Friday, April 17, 2026 hmrc childbenefit payments maybankholiday familysupport financialaid claimingbenefits newparents childcarecosts ukgovernment HM Revenue and Customs (HMRC) has announced that Child Benefit payments scheduled for May will be paid earlier than usual. With both May bank holidays falling on Mondays, payments initially planned for May 4 and May 25 will … Read More
HMRC Issues Automatic New Tax Codes to State Pensioners Following DWP Rule Change Thursday, April 16, 2026 hmrc pensioners taxcodes dwp winterfuelpayment paye selfassessment clawback income uk HM Revenue and Customs (HMRC) is rolling out automatic new tax codes to around two million state pensioners due to a recent rule change by the Department for Work and Pensions (DWP). This update follows a policy shift that … Read More
HMRC Issues £2,700 Tax Bills on Savings Interest Many UK Households Never Kept Thursday, April 16, 2026 hmrc tax savings interest penalty withdrawal taxbill ukhouseholds pensioners finance HM Revenue & Customs (HMRC) is sending UK households tax bills based on the gross amount of savings interest, even when early withdrawal penalties drastically reduce the actual interest received. A pensioner couple from … Read More
UK Households Urged to Claim HMRC Tax Refunds Worth £855 Before Deadline Thursday, April 16, 2026 hmrc tax refund paye finance taxpayers rebate payroll selfassessment uk Taxpayers across the UK are being urged to review their tax payments and claim any refunds due before the HMRC deadline closes. Last year, an estimated £624 million in tax refunds went unclaimed, with around 730,000 eligible … Read More