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‘HMRC gave me £775,000 by mistake – and it’s turned into a nightmare’

TheGuardian

In August 2020, Helen Peters*, a self-employed mother of a five-year-old, looked at her bank statement and found that instead of being mildly overdrawn, a £774,839.39 Bacs payment from the Revenuetaxman had sent her account very much into the black.

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Extinction Rebellion blocks Whitehall in protest against HMRC and Barclays

TheGuardian

Activists say the bank, which handles government tax accounts, gives billions in funding to fossil fuel industries Hundreds of Extinction Rebellion protesters have blocked Whitehall in a protest against HMRC’s links to Barclays Bank, which handles the government’s tax collection bank accounts.

Taxes 98
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Fears grow over UK firms' ability to repay Covid business loans

TheGuardian

National Audit Office warns of £26bn taxpayer loss on bounce-back loan scheme Coronavirus – latest updates See all our coronavirus coverage Taxpayers stand to lose up to £26bn on the government’s most popular Covid-19 business loan scheme because of fraud or an inability to repay the money, Whitehall’s spending watchdog has warned.