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Intentions To Recover £1 Billion In Fraudulent Furlough Funds Outlined By HMRC

Intentions to recover over £1 billion in fraudulently claimed furlough cash over the next two years have been announced by HMRC. Since the introduction of the Coronavirus Job Retention Scheme (CJRS) in March 2020, UK employers have claimed more than £60 billion in furlough funds. As part of the 2021 Budget, it was announced that …

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Historic International Global Tax Reform Agreement Announced By The G7

A historic international agreement on global tax reform has been announced by the G7’s finance ministers. Finance ministers have agreed, following years of discussions, to reforms that they say will see large multinationals pay their fair share of tax in the countries in which they do business. The ministers also agreed to the principle of …

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