Government tax arm has charged 600,000 late penalties to low earners despite them owing no tax, it has been revealed this ...

HM Revenue and Customs (HMRC) has charged 600,000 late penalties to low earners despite them owing no tax. The tax office applies an automatic £100 fine if someone misses the tax return deadline of ...

Those with £3,500 or more in savings are being warned they may face a surprise tax bill letter from HM Revenue and Customs in ...

HMRC is able to automatically detect interest on savings generated by your bank account and if you tilt over a certain ...

The crackdown is part of a larger drive by HMRC to tackle tax evasion. Chancellor Rachel Reeves announced in her Spring ...

The taxman is able to automatically detect interest on savings generated by your bank account and if you tip over a certain ...

HMRC will require UK crypto users to report personal details from 2026 to enforce tax compliance. HMRC has announced new rules aimed at pulling crypto firmly into the tax system.

Service providers will begin collecting data on users' activities from January 2026. Any service provider that fails to report this information, or submits inaccurate or incomplete reports, could also ...

PUBLIC coffers are set for a boost as HM Revenue and Customs (HMRC) goes after crypto owners that aren’t paying their fair share of tax. From January 2026, people who own crypto – like Bitcoin, ...

HMRC has issued a major update on its crypto crackdown, with £300 fines set to be issued in months. From January 2026, anyone ...

From January, people who hold cryptocurrencies must provide four key pieces of personal information to ensure they are paying ...

With the new tax year 2025-26 having started, the taxman has been busy sending out letters to people urging them to register ...