September deadline for investors to declare offshore assets

HMRC has warned UK taxpayers that they must declare any foreign income or profits on offshore assets by 30 September to avoid higher tax penalties.

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HMRC receives record-breaking £5.2bn from Inheritance Tax

A record £5.2bn was received by HMRC in the last tax year and it is thought middle and working class families may also have to contribute in the future. 

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Record £2.3bn withdrawn under Pension Freedoms

A record £2.3bn was taken out of pensions pots under Pension Freedoms rules in the second quarter of 2018, HMRC figures have revealed.

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Nearly 21,000 fake HMRC sites taken down 

HMRC has asked for a record 20,750 malicious websites to be taken down in the past 12 months, an increase of 29% on the previous year.

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