HMRC informs all the taxpayers to stay alert on Digital Scams

Nowadays, there are scammers claiming to represent HMRC so HMRC has urged taxpayers to stay alert to the threat of digital scams. As per the latest research published by HMRC, the numbers have doubled of tax-related scams in the past 12 months.   HMRC has received more than one million…

HMRC is helping with childcare costs

HMRC is reminding the families who are eligible for Tax-Free Childcare that they can avail the scheme that will help with their childcare costs. The families who are eligible can save the childcare money and benefit from a government top-up that will be up to £2,000 every year and up…

Furlough payments are given back to HMRC by businesses

The figures were released on 21st September shows that the business that no longer requires payments received under Coronavirus Job Retention Scheme and the businesses who have over-claimed it has returned the payments. The reports by Treasury suggest that £1.3 billion in furlough payments has been returned by businesses from…

End of temporary insolvency measures

To support businesses from insolvency during the pandemic, temporary measures have been brought in earlier and will be phased out from 1 October. Small businesses and companies in financial disaster due to pandemic were protected from creditors since June 2020 through the Corporate Insolvency and Governance Act 2020. New measures…

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