Tax gap remains steady at 5.1%
HM Revenue and Customs data has revealed the estimated tax gap for the 2020-21 tax year is 5.1 per cent – the...
READ MOREUK announces new rule for ‘golden’ visas after backtracking
After suddenly withdrawing an announcement in December that it would suspend ‘golden’ visas, the United Kingdom has now announced a change to the application process for the immigration rules which have been strongly criticised for being a gateway for money launderers to settle in the country.
Under the changes announced on 7 March, applicants of the Tier 1 (Investor) route will have to prove that they have had control of the required £2 million for at least two years, rather than 90 days, or provide evidence of the source of those funds.
Read more at KYC360
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Companies wound up after abusing COVID support
Two connected companies wound up in court after they abused multiple local authorities to receive COVID support loans...
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Late payments expected to increase
UK businesses are less likely than their European peers to make growth a priority according to the annual Intrum...
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