Since 2007, the IRS has awarded $1.3bn to whistleblowers from $7.4bn in missed taxes collected as a result of their information, according to its annual 2024 report. It offers between 15 per cent and ...
Child Tax Credit and Working Tax Credit ended in April 2025, as this has now been replaced by Universal Credit. The tax body ...
Some payslips may display tax codes like 'W1', 'M1', or 'X'. These typically signify 'emergency situations' that occur during ...
HMRC works out each person's code based on their 'tax-free Personal Allowance and income you have not paid tax on' ...
HM Revenue and Customs (HMRC) is urging working parents earning less than £100,000 per year to “sign up” for a benefit worth ...
HMRC has sent nearly 65,000 warning letters issued this year. Experts caution that even investors who haven’t received one may face scrutiny.
HMRC apologised to the families and admitted that it had sent letters to 0.5 per cent of the 6.9 million claimants and that ...
A week after HM Revenue & Customs’ reliance on Amazon Web Services came under scrutiny from the Treasury Select Committee, ...
A DORSET MP has called for urgent action after it was revealed that HMRC failed to pick up 83 million taxpayers’ calls.
There's an warning about HMRC powers as Vinted, eBay and Etsy sellers are at risk of going under criminal investigation, warns an accountancy expert.
An HMRC employee who claimed that anxiety and depression meant it was impossible for him to return to the office or answer the phone has been ordered to pay £20,000.
Taxpayers have been urged to keep an eye out for a letter from HMRC over some due payments. The department is currently ...