This December, HMRC is set to become a preferred creditor in a business insolvency, putting thousands of owners and directors of small businesses who have signed a Personal Guarantee at increased risk of losing their […]
New statistics published by HRMC reveal that a total of £70 million was paid out to UK Financial & Insurance firms in research and development (R&D) Tax Credits, up from £55 million according to statistics […]
Business owners have been the target of a new email phishing scam purporting to be from HM Revenue & Customs (HMRC). The scam, which was uncovered by accountancy outsourcing specialists Lanop Outsourcing, uses official HMRC branding […]
Dennis Toomey, Global Director of Counter Fraud Analytics and Operations for BAE Systems, takes a look at how Covid-19 has made things tougher for fraud investigators. Investigating insurance fraud was never an easy task, with […]
The Financial Conduct Authority (FCA) is investigating more than 150 Coronavirus-related scams since the outbreak began, according to official figures. The data, obtained under the Freedom of Information (FOI) Act by the Parliament Street think tank’s cyber […]
A commercial lawyer is warning that business owners run the risk of being prosecuted by HMRC and having to pay tax and penalties because of Furlough Fraud and Business Bounceback Loan Fraud and that the […]
Straight from the Editor’s keyboard; I walked past a small hairdressing salon yesterday in Horwich on the way to the Co-Op. On the roller shutter a piece of A4 summed up broken dreams, financial distress […]
Small business and sole traders are really suffering during the Corona outbreak and when things get back to normal, every penny will count. So if there’s a way to save time and money on accountants […]
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