HMRC umbrella company ‘checking tool’ looms for workers
Umbrella company consultation response and guidance due from HMRC, as more details come out on Tax Administration and...
READ MORERise in insolvency and creditor action expected
Following the end of the temporary suspension of statutory demands and winding up petitions, in addition to the tapering off of government support in the autumn, insolvency practitioners anticipate a sharp increase in the number of insolvencies.
Statistics for April, May and June from the Insolvency Service see the number of insolvencies down respectively by 17, 30 and 50 percent compared to the same month last year. Compulsory liquidation, which requires a winding up order are down by as much as 88 percent compared to same period last year.
Read more at Accountancy Age.
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Government scheme detects £245m in fraudulent benefit claims
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