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Young boys playing football on a pitch

HMRC’s football crackdown continues - £67.5m in extra tax recovered in just a year

buildings

UHY Hacker Young announces four internal director promotions

business people sitting around a table with paperwork and laptops

Number of customers complaining about HMRC delays jumped 65% last year to 35,000

footballer with neon socks and football trainers, standing on a football pitch, with a football held under their foot.

Seven UK football clubs hit with winding up petitions last year – highest since start of pandemic

stock market visual

AIM hit by further fall in average value of daily trading - liquidity drops 15.4% in past year

The UK government website for HM Revenue and Customs displayed on smartphone hidden in jeans pocket

HMRC wait times for calls double in past two years as customer service crisis at authority worsens

hmrc letters

HMRC income from investigations reaches record high of £39 billion – 22% jump in a year

green piggy bank next to a calculator and pen, on top of a pile of tax documents

Late payment interest cost taxpayers £80 million last year, this year’s bill expected to be far higher

a collection of letters from HMRC

Value of HMRC tax penalties reaches record high of £851m

bitcoin cryptocurrency coins

Technology & Media

More than 8,300 ‘nudge’ letters sent to cryptocurrency traders as HMRC suspects thousands have underpaid tax

Hackney Wick scenery photo

London boroughs dominate growth in household income over past decade

screenshot of financial planning newsletter page 1

UHY Financial Planning - Winter 2023