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The Latest Breaking News from Jim Harra

NS&I Withheld £367 Million From 34,000 Estates for 17 Years in 'Operational Failure' — You Could Be Owed Money

NS&I is addressing a major operational failure that left £367M in unpaid savings across 34,000 estates. What are the steps taken to rectify this and ensure families receive their rightful funds?

International Business Times UK

NS&I to contact bereaved families owed £367m after missing savings scandal

The bank’s interim chief executive says ‘this issue should never have happened’, but warns it may take time to process claims

The Guardian - UK

NS&I to start contacting bereaved families following missing savings blunder

Payments to affected estates will run over the coming months and are expected to conclude in the first half of 2027, the savings provider said.

Evening Standard

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NS&I to return millions of pounds to families after Premium Bonds tracing scandal

Savings provider revealed payments to affected estates will run over the coming months and are expected to conclude in the first half of 2027

The Independent UK

NS&I chief executive leaves job after £470m missing Premium Bonds controversy

IN FULL

The Independent UK

NS&I boss leaves Premium Bonds bank over £470m missing savings scandal

Former HMRC boss Sir Jim Harra will replace Dax Harkins as the chief executive of NS&I to ‘provide a fresh start’

The Independent UK

3.4m people have until end of January to file tax returns

Around 8.6 million people have already filed their 2023-24 tax return, HMRC said.

The Independent UK

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HMRC should ‘take seriously’ recommendations, says spending watchdog chairman

An exchange of letters between bosses at the Public Accounts Committee and HM Revenue and Customs was published on Wednesday.

Evening Standard

Watchdog accuses HMRC of deliberately ‘degrading’ phone services

Long call waiting times have ‘damaged trust in the tax system’, public accounts committee report says

The Guardian - UK

HMRC ‘degrading its own services as a matter of policy’

Customer service has continued to deteriorate, the Public Accounts Committee said, as it urged the tax authority to be bolder in tackling abuse.

The Independent UK

Tax self-assessment: Thousands face 'long phone queues' as HMRC moves services online ahead of Jan 31 deadline

The Commons Treasury Committee criticised the move by Her Majesty’s Revenue and Custom away from self-assessment call handlers

Evening Standard

Self-assessment helpline will focus on ‘priority queries’ in run-up to deadline

Treasury Committee chairwoman Harriett Baldwin has written to HMRC CEO Jim Harra ‘to get much-needed answers about what this means for taxpayers’.

The Independent UK

Tax self-assessment: Thousands rushing to complete forms by Jan 31 deadline to be pushed to online services

The influential Treasury Commons committee criticised the lack of warning to the public of the change in policy which starts on December 11

Evening Standard

'I got thousands of tax demand letters after Chinese firms used my address in VAT scam'

Estate agent Dylan Davies, 65, has received over 6,000 letters from HM Revenue and Customs since September for overseas businesses and lived in fear of bailiffs turning up at his home

Daily Mirror

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Wales Online

'I got 580 tax bills in one day because 11,000 Chinese firms registered themselves to my house'

Dylan Davies has received over 6,000 letters from HMRC since September for overseas businesses

The Independent UK

No evidence of fraud in case with 12,000 businesses registered at flat, MPs told

The head of HMRC said it was ‘a mystery’ why so many businesses had registered at a residential address.

The Independent UK

Unwitting flat owner bombarded with unpaid tax bills for 11,000 foreign firms

‘Horrendous’ case of ‘large-scale VAT fraud’ points to systemic weaknesses in tax system, senior MP warns – as HMRC probe finds ‘no evidence of fraud’

The Guardian - UK

‘It’s been horrendous’: Cardiff flat owner gets tax bills for 11,000 Chinese firms

On one day alone Dylan Davies received 580 envelopes, in what a financial crime consultant suspects is VAT fraud

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Daily Mirror

Tax chiefs admit providing misleading information in row over Nadhim Zahawi's taxes

Pressure is mounting on Downing Street to order the former Chancellor to step aside while the investigation is ongoing

Daily Mirror

Nadhim Zahawi's predecessor says Tory chairman's position is 'unsustainable'

Jake Berry said that there needs to be a "mechanism" for ministers who are under investigation to stand down, saying it is "unsustainable" to remain in post while an investigation is going on

The Independent UK

Nadhim Zahawi allows HMRC to pass his tax details to PM’s ethics adviser

Pressure on Tory Party chair increases as HMRC head says no penalties for ‘innocent errors’

The Guardian - UK

Nadhim Zahawi allows HMRC to share his tax information with inquiry

Move comes as chief executive of HMRC increases pressure by saying there are ‘no penalties for innocent errors’

Evening Standard

Nadhim Zahawi lets HMRC pass his tax records to Rishi Sunak’s ethics adviser

Pressure on the Tory Party chairman increases as the head of HMRC says there are no penalties for ‘innocent errors’

The Guardian - UK

Braverman, Raab, Zahawi: who’s next in Rish!’s Tory circus of inaction?

Motionless in terror, the PM waits for the onslaught to dematerialise, for crises to pass of their own accord

Daily Mirror

HMRC chief suggests Tory Chairman Nadhim Zahawi did not make 'innocent' tax error

The permanent secretary at the tax office Jim Harra also said HMRC would 'help with the inquiry' into the Tory Chairman 'in any way we possibly can' if requested by Rishi Sunak ethics adviser

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