Thousands of UK Households to Receive HMRC '£992 Demand'

Thousands of UK households to receive HMRC '£992 demand'

Millions of UK households are about to be hit with a little known tax - but there's a way to avoid it and you need to act now

HMRC Receipts on “Sin Taxes” Continue to Fall – Now Just 2.8% of Total Tax Revenues - CLH News: Caterer, Licensee and Hotelier News - News for Pubs, Bars, Hotels and Restaurants

Share Post Share Email HMRC’s takings from ‘sin taxes’ have fallen by 35% over the past decade to £24.2bn or 2.8% of its total revenues in 2024/25, versus 4.3% in 2015/16, according to research from UHY Hacker Young, the national accountancy firm. The decline in receipts from sin taxes reflect a long-term shift in consumption, UHY Hacker Young says, with consumers reducing their spending on tobacco and alcohol …

HMRC ‘sin taxes’ revenues down by 35% over last decade - Harpers Wine & Spirit Trade News

HMRC take from the so-called ‘sin taxes’, comprising alcohol, tobacco and gambling, have continued on a downward trajectory, having fallen 35% in the last...