United Kingdom===HM Revenue and Customs

United Kingdom===HM Revenue and Customs (HMRC) awarded a contract to SICPA and Spectra Systems Corporation===Cartor Security Printers to implement a robust traceability solution for vape products. This initiative aims to support excise duty collection, enhance market compliance, and combat illicit trade in the United Kingdom.

United Kingdom===HM Revenue and Customs was owed over £170,000 in unpaid taxes by Mid Brae Inn Limited. The United Kingdom===Insolvency Service, acting on behalf of the Secretary of State for Business and Trade, took action to disqualify the directors.

United Kingdom===HM Revenue and Customs was defrauded of over £433,000 through false tax rebate claims submitted by Luciana Akanbi and Femi Akanbi using stolen data. The agency worked closely with United Kingdom===Transport for London to secure a successful prosecution and warned against tax fraud.

United Kingdom===HM Revenue and Customs is expected to begin collecting £27 billion in overdue taxes in 2026, which is identified as a catalyst for the potential collapse of many 'zombie' companies.

United Kingdom===HM Revenue and Customs is implementing the 'Making Tax Digital for Income Tax' changes, which require sole traders and landlords with annual income over £50,000 to report income and expenses digitally from April 2026. This regulatory change is the catalyst for the new tool launched by HSBC Holdings===HSBC UK and Sage Group.