Record £8bn overpaid in welfare fraud and error Fraud and error overpayments in the welfare system rose to record levels in 2020-21, according to the National Audit Office. Of the £111.4 billion spent on benefits by the Department of Work and Pensions (DWP), it overpaid approximately £8.3 billion, an increase of £3.8 billion over the […]
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£4.6bn in business grants announced following latest lockdown The government has announced £4.6 billion worth of one-off top up grants for retail, hospitality and leisure businesses of up to £9,000 per property to help businesses through the latest lockdown. The announcement comes as Prime Minister Boris Johnson revealed last night that businesses will be closed
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HMRC answers pressing concerns as CJRS and SEISS deadlines loom HM Revenue & Customs has addressed some frequently asked concerns regarding the Coronavirus Job Retention Scheme and the Self-Employment Income Support Scheme ahead of the upcoming claims deadline. In a recent email notice, HMRC Chief Executive and First Permanent Secretary Jim Harra reminded accountants and
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Covid-19: Christmas grant for ‘wet-led pubs’ The Government has announced that pubs in tiers 2 and 3, that predominantly serve alcohol rather than food, will receive a £1,000 Christmas period grant. The payment will be a one-off for December 2020 and will be paid on top on the existing £3,000 monthly cash grants for businesses.
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