£3bn Fraud on the Taxpayer

Nigel Holland ” £3bn fraud may have been carried out through the furlough scheme. This money may have been taken by criminal gangs and employers according to the National Audit Office.This figure does not include other fraud which may have taken place in other...

Tax rises inevitable

Nigel Holland ” The Institute for Fiscal Studies has stated that there has to be tax rises and these tax rises are going to be substantial.We are not at the end of the Government spending yet because the pandemic is still with us.There has been a marked drop in...

Help for Self employed

Nigel Holland “There will be a further grant of 20% of average monthly profits from November 2020 which has a limit of £1,875 in total which covers a three month period from November.There will probably be a further one for the following three months but that...

Gov announcement on further help

Nigel Holland ” With Government support coming to an end and the generous furlough scheme about to end the Government has decided to introduce a series of further measures to help prop up the economy.The Government will step in and pay one third of lost hours...

Unemployment shoots up

Nigel Holland “There has been a growth of 4.1% of unemployment in the three months to July and whilst this is not entirely unexpected it is worrying that young people between the ages of 16-24 have been hit by the rise in unemployment the most. Their growth...