This shows that it is costing HMRC roughly £4.20 to collect each £1 At the same rate it would mean that it would cost more than £12b to collect the £3.1b #HMRC of outstanding #LoanCharge They have around 619 FTE chasing LC victims.This cannot be a good use of @GOVUK resources

isbc🎄

People who have a “proper” job or are paid via PAYE may not know this but in my view HMRC are running a protection racket against the self employed, co. Directors and Landlords. We have to pay our tax UP FRONT before we have even earned any money based on an estimate. And THEY

I’ve updated my list of Wealth Taxes introduced so far by Labour. These taxes are designed to impact those with the broadest shoulders. Already delivering £billions to HMRC and local Councils.

Reply if this hits 🎯👇 🚨 Crypto Tax Myth Busting (CARF) 1️⃣ Myth: “You have to tell HMRC everything and report all wallets.” ➡️ No. It’s not you personally reporting every wallet to HMRC first, your RCASP (exchange/service) collects and sends the data under CARF, for UK tax

🇬🇧 What happens if you DON’T report crypto in the UK? From 2025–2026 #HMRC receives your crypto data directly from: #Binance, #Coinbase, #Kraken, #Bybit & #DeFi platforms via CARF. This includes: • your name • wallets • balances • trades • withdrawals • airdrops & staking

The UK has officially launched its crypto tax crackdown. New HMRC rules require UK-based exchanges to collect and report users’ personal data and transaction histories directly to the tax authority. #HMRC #UKCrypto

We’re now closed for the day and will be back at 8am tomorrow. 🕗 Any missed queries will be answered then. ✅

According to the Financial Times, the UK and over 40 other countries began enforcing new crypto tax reporting rules on January 1 under the OECD’s Cryptoasset Reporting Framework (CARF). Major exchanges must collect and report UK users’ transaction data and tax residency to HMRC.

🇬🇧BREAKING: As of TODAY, Jan 1, 2026, the UK's crypto tax crackdown begins! HMRC's CARF rules kick in – exchanges now collecting user data & transactions to report gains. No more hiding – declare properly or face penalties! #CryptoTax #UKCrypto #HMRC

But Dave the self employed painter from Middlesbrough will be HUNTED down for £23 from HMRC

@Gabriel_Pogrund Imagine owing even more tax than that shyster Ant Middleton - who has recently been banned from running any UK company for four years and scarpered off to the tax-dodging migrants’ choice: Dubai. High time HMRC cracked down hard on these scumbag debtors and their failed companies

HMRC are coming for working people! Learn the rules of the game… Click the link in my bio for my free tax guide! #property #tax #uktax #hmrc #ukgov

@brz_1872 Do the working class usually rip off HMRC for £150m ?

HMRC self assessment day. Brilliant. (this is early for me 😅)

This and never hearing from HMRC ever again 👌🏻

謹んで新年のご挨拶を申し上げます。 旧年中はご厚情を賜り、誠にありがとうございました。 本年も引き続き、全国の水域における現場の担い手不足解消や働いている方がもっと活躍できる未来づくりに水上ドローン(USV/ASV)で貢献するため、新製品の情報を公開しました。以下スレッドにURLを掲載します。

"Owes HMRC £250,000 in tax" "is financially ruined" "Facing bankruptcy"

HMRC loophole that increases Personal Allowance to £18,570 extended until 2031 https://t.co/Ri0V0PJ960