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HMRC
Her Majesty's Revenue and Customs is a non-ministerial department of the UK Government responsible for the collection of taxes, the payment of some forms of state support and the administration of other regulatory regimes including the national minimum wage.
(source: gov.uk)
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CoronavirusCoronavirus Could Lead To 24.7M Unemployed; Argent Gives King’s Cross Tenants Three Months Of Waived Rent
The coronavirus could lead to tens of millions of unemployed workers and could change how businesses operate. Here are the latest updates...
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BitcoinBitcoin Daily: Tencent Plans To Launch Digital Blockchain Bank; HMRC Does Not Consider Crypto As Currency
Tencent has announced that it will launch a blockchain-based virtual bank. The company’s blockchain chief Yige Cai revealed last week that the...
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BitcoinBitcoin Daily: HM Revenue & Customs Demands Crypto Traders’ Info; Blockchain Lender Raises $18.3M In Series A Round
The British tax authority wants cryptocurrency exchanges to share customer names and transaction data in order to track down unpaid taxes. According...
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B2B PaymentsUK Contractor Payroll Reforms Reignite Employee Definition Debate
The rise of the gig worker has shaken up the talent pool, with some far-reaching consequences — particularly as it relates to...
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Security & FraudUK Watchdog Orders Tax Office To Delete Voice Data
The data protection watchdog in the U.K. has found that Her Majesty’s Revenue and Customs (HMRC) collected millions of biometric voice data...
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B2B PaymentsAltFin Community Advises HMRC Against Insolvency Tax Recovery Plans
The U.K. government is considering reinstating its so-called “crown preference” policy in an effort to prioritize the collection of tax payments from...
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B2B PaymentsFunding Options Criticizes UK Approach To Late SMB Tax Payments
Alternative small business lending platform Funding Options has criticized U.K. tax authorities’ approach to small businesses that fall behind on tax payments....
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B2B PaymentsValue Of UK AML Fines Jumps 105 Percent
Fortytwo Data, a Big Data company, has released new research that concludes the U.K. is ramping up its fines for anti-money laundering...
