HMRC

Tax scam blog 11.3.22

Watch out for tax scams, warns HMRC

Mar 11, 2022

HM Revenue & Customs (HMRC) is warning taxpayers to stay alert to tax scams after a surge in fraudulent activity. The report comes after the February Self Assessment deadline, when self-employed business owners expect to be contacted by the tax authority. According ...

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A,Concept,Image,For,Investing,In,Non,Fungible,Tokens,(nfts)

NFT fraudsters arrested by HMRC

Feb 14, 2022

Three people have been arrested on the suspicion of attempting to defraud HM Revenue & Customs (HMRC) for a total of £1.4 million. The suspects may have committed VAT fraud by using Non-Fungible Tokens (NFTs) for 250 possibly fraudulent companies. An ...

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Close,Up,Female,Hands,Holding,Credit,Card,And,Smartphone,,Young

HMRC scam calls have decreased by 97 per cent

Jan 25, 2022

Scammers posing as HM Revenues and Customs (HMRC) were rife in March 2021, with a staggering 79,477 calls reported. However, as of December 2021, reported scam calls were down by 97 per cent to 2,491. As well as calls, phishing emails saw ...

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Upset,Millennial,Couple,Disappointed,Losing,Money,In,Online,Lottery,,Worried

Almost 800,000 tax scams reported to HMRC in past 12 months, figures reveal

Nov 19, 2021

Nearly 800,000 tax-related scams were reported to HM Revenue & Customs (HMRC) in the past 12 months, a major study has revealed. The figures come as the tax authority prepares to send millions of emails and text messages to taxpayers ahead ...

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Online Self Assessment Return

Are you a Self-Assessment taxpayer?

Oct 26, 2021

If you are, then keep reading... From today, you have less than a week to submit paper tax returns for the 2020/21 tax year before the deadline on Sunday 31 October. Those submitting online tax returns, you have 98 days! For the 31 ...

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Internet,Scam.,Fraud,Danger,Online.,Man,Holding,An,Empty,Wallet

Scams: the heavy financial and health burden

Oct 20, 2021

According to recent research, the total amount of money it costs a fraudster’s victim to get help with their wellbeing after being scammed is £9.3 billion a year.  This unwanted financial burden is equivalent to £2,509 per annum for each victim. ...

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Tax,Time,Post-it,On,Alarm,Clock,And,Individual,Income,Tax

MTD for Income Tax delayed until April 2024, HMRC confirms

Sep 27, 2021

Making Tax Digital (MTD) for Income Tax will be delayed until April 2024, the Government has confirmed. It means self-employed business owners and landlords will have one more year to prepare for the digitalisation of Self Assessment. According to HM Revenue & ...

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Smart,Creative,Foreman,Engineer,Man,Using,Digital,Tablet,Control,Loading

CHIEF service to close from March 2023, Government reveals

Aug 05, 2021

The Customs Handling of Import and Export Freight (CHIEF) system will be replaced by a single unified customs service from March 2023, it has been announced. HM Revenue & Customs (HMRC) said its replacement, known as the Customs Declaration Service (CDS), ...

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Scam

Increasing number of taxpayers targeted with threatening tax scams, HMRC warns

Mar 18, 2021

Taxpayers should remain vigilant to tax scams “threatening arrest” following a surge in reports, HM Revenue & Customs (HMRC) has warned. The warning comes after a significant number of “concerned individuals” contacted the offices of HM Courts and Tribunals Service (HMCTS) ...

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Businessmen,Are,Meeting,With,Contractors,About,Business,Plans.

HMRC announces light touch approach to IR35 errors in first 12 months

Feb 18, 2021

Businesses will not be penalised for errors relating to IR35 in the first 12 months, it has been announced. The news comes just weeks ahead of the introduction of the new off-payroll working rules which could see some contractors taxed the ...

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