HMRC Faces Criticism Over £186 Million Crackdown on Disguised Remuneration Schemes Friday, April 24, 2026 hmrc loancharge taxation disguisedremuneration taxevasion compliance retrospective inquiry taxjustice settlements HM Revenue & Customs (HMRC) has invested £186 million over six years to recover unpaid taxes linked to “disguised remuneration” schemes, a move critics have labeled “shameful” and … Read More
HMRC Contacts 21-Year-Olds to Claim Lost Child Trust Funds Worth £2,200 on Average Friday, April 24, 2026 hmrc childtrustfund savings finance ukgovernment banking youth tax campaign investments HM Revenue and Customs (HMRC) has launched a new campaign reaching out to individuals born before 2005 to inform them about unclaimed Child Trust Funds (CTFs) that could be worth an average of £2,200. The initiative … Read More
HMRC to Appeal London Tribunal Ruling That Would Lower VAT on Public EV Chargers Wednesday, April 22, 2026 hmrc vat ev electricvehicles publiccharging taxlaw environment evadoption faircharge chargemystreet HM Revenue and Customs (HMRC) has announced it will appeal a London tax tribunal decision that ordered a reduction of VAT on public electric vehicle (EV) chargers from 20% to 5%. This ruling, which recognized that HMRC has … Read More
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