HM Revenue and Customs (HMRC) marks its 20th anniversary on Friday 18 April 2025. The department was established in April 2005 through the merger of the Inland Revenue and HM Customs and Excise, combining tax administrations to reduce overlap and enhance service delivery. The creation of HMRC by the thenContinue Reading
Government’s Help to Save scheme now open to 550,000 more people to help with cost of living · Those saving £50 a month can expect £25 Government top-up, putting more money in people’s pockets · Part of Government’s mission to grow the economy and deliver on our Plan for ChangeContinue Reading
As Easter approaches, thousands of families will benefit from early payments for Child Benefit and Universal Credit, among other benefits. Here’s everything you need to know about the upcoming changes to your payment dates. Key Points: With Easter on the horizon, many are gearing up for Easter eggs, extended breaks,Continue Reading
NatWest has issued an urgent call to action for customers to secure a £150 bonus payment by switching to the bank’s Reward account. Currently, NatWest is offering the £150 reward when customers switch their current account from a non-NatWest provider to a NatWest Reward account using the Current Account SwitchContinue Reading
Thousands of people across the UK who claim Universal Credit may be entitled to up to £546.10 in additional support this month through various government-backed discounts and one-off payments. Universal Credit, administered by the Department for Work and Pensions (DWP), is designed to support individuals and families on low incomes.Continue Reading
Jessie Kelly‑Baxter, senior policy advisor at the North East Chamber of Commerce, said: The ONS employment figures released today (15 April 2025) show that the North East continues to have the highest rate of economic inactivity in England at 26.9%. This means over a quarter of working-age people in ourContinue Reading
A money launderer who fled during his 2018 trial has been extradited from the Netherlands and jailed for five-and-a-half years. Javed Ahmad was caught trying to stuff more than £100,000 in a filing cabinet when HM Revenue and Customs (HMRC) officers raided his Burnley office in November 2015. The 50-year-oldContinue Reading
A crooked accountant who abused his position to orchestrate a £1.7 million tax fraud – spending the stolen cash on lavish holidays and cars – has been jailed for four years. Kenneth Scott, who ran an accountancy firm from five bases across the North East, charged clients VAT but failedContinue Reading
Families who claim Child Benefit will see an increase in their payment next week, says HM Revenue and Customs (HMRC). From 7 April 2025, parents will receive £26.05 per week – or £1,354.60 a year – for the eldest or only child and £17.25 per week – or £897 aContinue Reading
· HM Revenue and Customs’ (HMRC) ‘Help for Hustles’ campaign launched to support people earning extra income to understand any tax obligations As Valentine’s Day approaches, anyone who has turned the love for their hobby into a side hustle is being encouraged to put a ring on it and makeContinue Reading
UK businesses are, for the first time, being invited to have their say on the government’s electronic invoicing (e-invoicing) proposals. E-invoicing is the digital exchange of invoice information directly between buyers and suppliers. It could help businesses get their tax right first time, reduce invoicing and data errors, improve theContinue Reading
More than 11.5 million taxpayers successfully filed their Self Assessment tax returns for the 2023–2024 tax year by the 31 January deadline, avoiding a £100 late filing penalty, HM Revenue and Customs (HMRC) has confirmed. A total of 732,498 people submitted their returns on deadline day, with the busiest hourContinue Reading
Workers at the HM Revenue and Customs (HMRC) office in Newcastle are set to commence an eight-week strike on Monday. The Public and Commercial Services Union (PCS) announced the strike to support three colleagues it claims were unfairly dismissed. A picket line is planned outside HMRC’s Benton Park offices, accordingContinue Reading
