The UK won’t prescribe a specific template for multinational companies to submit returns under the global minimum tax rules, but will seek only the “minimum” necessary data, the country’s tax ...

Stock markets set for volatility with end of Trump’s tariff pause near - Stock markets updates and business news from Monday ...

HMRC more than doubled the amount of tax coffers it raked in via special investigations in the tax year ending 5 April 2024.

HMRC is set to receive £500m in funding to support the introduction of an AI tool that will assist the public with enquiries. According to a report by LBC, ‘Ask HMRC’ will be a digital ...

However, he questions if HMRC had the granularity of data to do that and “really leverage the power of AI”. Last week, the Treasury Select Committee criticised two senior HMRC officials for not ...

HM Revenue and Customs (HMRC) has sent an urgent letter to 100,000 people after a phishing scam breached tens of thousands of bank accounts last year. The government department lost £47 million ...

The records of up to 100,000 taxpayers have been accessed by organised criminals following an attack on HMRC. The tax authority is thought to have lost £47 million as a result of the breach last ...

The records of up to 100,000 taxpayers have been accessed by organised criminals following an attack on HMRC.

Lawyers have said it’s “no surprise that HMRC has significantly increased its scrutiny” on football clubs after authorities opened investigations into several professional clubs relating to a tax ...

HMRC opened 3,961 inheritance tax investigations in the year to 5th April, according to data released under Freedom of Information rules ...

HMRC has announced plans for a new SaaS CRM platform to manage citizen tax interactions, and a preliminary market engagement notice has been issued to invite bids and engage with potential suppliers.