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House sales jumped in December ahead of stamp duty changes this spring
House sales jumped by nearly a fifth in December ... Across the UK, 96,330 sales took place in December 2024, HM Revenue and Customs (HMRC) estimated, which was 19% higher than in December 2023 and 3% ...
i18d
Stamp duty increase deadline fuels spike in house sales
Looming stamp duty deadlines have helped to fuel a sharp spike in property deals according to data from HM Revenue and Customs. The latest HMRC figures show there were 96,330 residential property ...
£5.5bn lost to tax evasion could be ‘vast underestimate’ by HMRC, MPs warn
HMRC has previously estimated the practice, known as phoenixism, accounted for 15% of its tax debt losses in 2022-23, equivalent to more than £500 million. However, the Insolvency Service disqualified ...
Daily Express23d
HMRC to rake in £500 million a year in 'blatant cash grab'
Taxpayers who pay their taxes via self-assessment will pay more interest as HMRC clamps down on late payments. The interest charged on unpaid tax will rise by 1.5 percentage points. Currently ...