Category: HMRC

HMRC scheme that wrongly cut child benefits did not ‘adequately consider’ impact, report finds

NAO inquiry follows suspension of payments after erroneous records that claimants had emigratedAn HM Revenue and Customs (HMRC) anti-fraud crackdown that stripped 23,000 families of their child benefit failed to “adequately...

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UK recruiter emerges from insolvency for third time, avoiding millions owed in tax

Hampshire business seems to have benefited from ‘phoenixism’, which costs the taxpayer about £800m a yearA UK recruitment business has been acquired out of administration for a third time in four years as part of a succession of...

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HMRC accepted ‘tolerable’ risk of harm in child benefit fraud crackdown

Internal documents show tax officials withdrew funds without warning families, despite concerns about dataUK politics live – latest updatesUK tax authorities believed that withdrawing child benefit payments from parentswithout...

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UK consumers warned over AI chatbots giving inaccurate financial advice

Which? study of ChatGPT, Copilot and others uncovers incorrect and misleading tips on investments, tax and insuranceArtificial intelligence chatbots are giving inaccurate money tips, offering British consumers misleading tax...

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