Creative Industry Tax Relief hits £1bn
Over £1.1bn worth of tax reliefs were given out to the creative industries over the past year, according to statistics...
Economy
Number of personal insolvencies continue to rise
The number of people entering personal insolvency rose by 7.2% year-on-year for the second quarter, the highest for the period...
Jailed restaurateur hit with 12-year ban after £1m tax fraud
Jailed restaurateur Lam Chin Seong, from Barnet, has been banned from running companies for 12 years after he was found...
Fraud ‘costing UK businesses £130bn each year’, report suggests
A report published by the Centre for Counter Fraud Studies at the University of Portsmouth has suggested that fraud costs...
Jailed ‘spy’ forced to pay or face more time inside
Raymond Thomas, a tax fraudster, has been ordered to pay £615,000 in restitution or face a further five years behind...
Impact of Brexit on UK financial services nears £4bn
The direct financial impact of Brexit on major financial services firms has reached nearly £4bn as of 31 May 2019,...
Tax gap remains low
The tax gap for 2017/2018 is 5.6%, HM Revenue and Customs (HMRC) confirmed today. This means that HMRC collected 94.4%...
Government spends nearly £97m on consultants for Brexit, says NAO
The National Audit Office (NAO) has published its investigation into the use of consultants by government departments to support preparations...
Charity treasurer jailed for stealing £330,000 in Gift Aid
A charity treasurer who tried to steal more than £330,000 in a Gift Aid repayment fraud has been jailed for...
Restaurant owner used stolen VAT money to pay school fees
The owner of a Surrey restaurant who used stolen VAT money to pay her children’s school fees has been jailed....
LATEST HEADLINES
Employer handed £350,000 fine for workplace pension failures
The Pensions Regulator (TPR) has fined an unnamed company £350,000 for workplace pension failures. Employers are being warned by...
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