With effect from 1 December 2020, the UK’s HM Revenue & Customs will be given preferential creditor status for certain taxes which a company has collected but failed to pay to HMRC on the date it ...

Clothing and homeware manufacturer Edinburgh Woollen Mill’s collapse into administration has sparked fears its defined benefit scheme will not recover the £17.5m owed to it. New guidance on guaranteed ...

The loss of 25 million records from HMRC's Child Benefit Computer System was declared "deplorable" and "entirely avoidable" in two reports into the data blunder released this week. The data loss was ...

Names of the people and companies currently or formerly based in North Wales who made deliberate errors in their tax returns ...

Interest rates charged on late payments and paid on overpayments for corporation tax quarterly instalment payments (QIPs) and also early payments of corporation tax not due by instalments have now ...

LONDON (Reuters) - HM Revenue and Customs will close 93 offices to complete a rationalisation of surplus properties, Treasury Financial Secretary Stephen Timms said on Thursday. The PCS civil service ...

Child Benefit: how it works, eligibility criteria and how to claim Child Benefit is worth hundreds of pounds per year and claiming it can help build up your state pension entitlement. We look at who ...

With more people than ever before buying over the Internet, HM Revenue & Customs (HMRC) today warned of the extra costs that many online shoppers face from import duties and VAT on purchases that are ...

HM Revenue & Customs (HMRC) has integrated the two separate IT contracts that were in place before the merger of the Customs & Excise and Inland Revenue departments last year. The old Customs & Excise ...

HM Revenue and Customs figures show £22m in overtaxed pension freedoms payments was repaid in the first quarter of 2018, prompting calls for reforms to the way withdrawals are taxed. The cost of tax ...

New rates of interest on direct and indirect taxes and national insurance contributions paid late and overpaid are announced today. These new rates of interest, which take effect from 6 November 2008, ...