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The Latest Breaking News from HMRC

Michael Marra 'ridiculous' for criticising Scottish higher taxes, say SNP

THE SNP have branded a Labour MSP “ridiculous” after he criticised Scotland having higher taxes for the wealthy.

The National (Scotland)

'Uncertainty' over whether SNP tax policy has cut revenues, says think tank

RESEACHERS have said they are unable to establish whether higher taxes in Scotland have cut Government revenues.

The National (Scotland)

Fact check: Projections of fiscal drag effect on pensioners are not from HMRC

Claim that £130 of tax to be collected on everyone receiving state pension relies on tax thresholds staying frozen longer than anticipated.

Evening Standard

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Farmers’ inheritance tax figures are crystal clear, says Environment Secretary

Steve Reed faced questions in the Commons over whether the Government had checked its sums on the tax change before the Budget.

Evening Standard

You can claim back over £300 a year from HMRC if you work from home - here’s how to check if you’re eligible

When it comes to saving, every little helps

Ideal Home

Edinburgh fringe artists owed up to £15k each amid venue’s dispute with HMRC

Performers who staged work at Summerhall have not been paid as firm that runs site challenges corporation tax claim

The Guardian - UK

UK house sales jumped 9% in September, says HMRC

Across the UK, an estimated 91,820 home sales took place in September, which was also a fraction higher than in August.

The Independent UK

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Savers urged to check tax bills after HMRC error led to overcharging

The glitch means that savers are not having their tax-free allowances applied

The Independent UK

What is ‘toddler tax’ that could see some parents paying VAT on nursery fees?

Government’s scrapping of independent schools’ VAT exemption from January could also hit some nursery classes

The Independent UK

Wise boss fined £350,000 for not telling FCA he had failed to pay tax

Kristo Käärmann failed to notify City regulator of fine from HMRC related to share sale

The Guardian - UK

Wise boss Kristo Käärmann fined £350,000 by City watchdog over tax blunder

Fintech boss failed to tell the FCA about his earlier fine from HMRC for failing to disclose a CGT liability

Evening Standard

Wise boss fined £350,000 over failure to report ‘significant tax issue’

The Financial Conduct Authority said Kristo Kaarmann failed to initially notify the regulator about a previous tax issue and fine.

Evening Standard

Thousands are fined by HMRC even though they don’t owe any UK tax

Campaigners call for reform after more than 83,000 low earners are hit by HMRC penalties

The Guardian - UK

Regulators urged to examine UK business dealings with Bangladeshi ex-minister

HMRC and FCA asked to look into property deals by Saifuzzaman Chowdhury now under investigation in Dhaka

The Guardian - UK

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The National (Scotland)

'Incorrect': Scottish arts venue issues statement amid '£500k HMRC tax battle'

AN ARTS centre in Scotland has lodged a defence against a “winding up” legal action, arguing "no corporation tax is due"

The Independent UK

Voices: Independent readers call for more vaping and smoking regulations as ban on disposables looms

THE INDEPENDENT DEBATE: With the UK government planning to ban disposable vapes next summer, readers want them to go even further

The Independent UK

HMRC urges workers to secure full state pension payments as deadline looms

There are less than six months left for people who need to secure their state pension

The Guardian - UK

Millionaire business owners urge Rachel Reeves to raise £14bn from rise in capital gains tax

Group of wealthy investors argue it would have no impact on investment in the UK and would raise vital funds for public services

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The Independent UK

How will the employer National Insurance rise affect you?

One expert has called the Labour measure a “straightforward breach” of its manifesto

Evening Standard

East London man jailed after sending night vision sniper sights to the Taliban

Choudhary was caught after customs officers at Heathrow Airport seized some of the equipment

The National (Scotland)

HMRC pension warning as deadline to boost your State Pension approaches

More than 10,000 people have boosted their state pensions by a combined £12.5 million in the last six months

The Independent UK

‘Retirement super pot’ holders pay themselves around £3m each in a year

Titan Wealth Planning, which obtained the figures, warned some pension holders may potentially see their tax liability dramatically increase.

The National (Scotland)

The Hearts fan who fought to save Rangers and rid Scottish football of sectarianism

Hearts fan Alex Salmond helped to stop the Gorgie club going into liquidation - but he also fought to save Rangers and rid Scotland of sectarianism.

The Guardian - UK

Eton among elite private schools set to cash in on windfall from new VAT rules

VAT-registered schools will be able to claim refunds for tax paid on capital projects over past 10 years

The National (Scotland)

Press watchdog knocks back Michelle Mone's husband over 'offensive' Daily Mail story

A NEWSPAPER was justified in reporting that Michelle Mone’s husband made millions from tax avoidance schemes that led to suicides ...

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