Almost seven million adults in the dark about their State Pension
HMRC is encouraging people to check their State Pension forecast using the HMRC app during Pension Awareness Week.
Research shows that 45 to 54-year-olds are more likely than any other age group to have never checked their State Pension, despite it being a key time for retirement planning.
Hundreds of new officers to hunt down dirty money networks
500 new officers are to be recruited in a £500 million crackdown on money laundering as part of the government's Anti-Money Laundering and Asset Recovery Strategy.
New officers will be deployed across police forces, the NCA and the CPS to follow the money behind serious and organised crime.
The new investigators will focus on targeting the leaders behind Britain’s dirty money trade. By blocking and seizing money, they will cut off the cash that fuels organised crime, from drug trafficking and people smuggling to the sham businesses that blight the UK’s high streets.
Penalties for CIS payments or returns connected to deliberate non-compliance
HMRC has published a new factsheet, CC/FS96, explaining the Construction Industry Scheme (CIS) penalty for payments or returns connected with deliberate non-compliance.