HMRC Urged to Investigate Alleged Tax Swindle in Remote Work Setup

Chris Etherington, a tax specialist from RSM, has highlighted the need for HMRC to revamp its eligibility checks for the tax relief scheme for home workers. According to Etherington, many individuals who are currently claiming the relief may no longer qualify for it, resulting in a significant cost to taxpayers. He urges HMRC to urgently …

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Taxman Criticized for Neglecting Impact Assessment before Closing Phone Lines

In a letter addressed to the tax office, Harriett Baldwin, the chair of the influential Treasury Committee, expressed her disappointment with HMRC’s lack of consultation regarding the closure of an important taxpayer helpline. She criticized the tax office’s leadership for failing to provide sufficient details and transparency regarding the decision and its potential impact on …

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Pandemic-Fueled Tech ‘Unicorn’ Sells Events Business at $50 Million

The Covid pandemic has had a significant impact on start-up valuations, and Hopin is a prime example. In just nine months, from November 2020 to August 2021, the company’s valuation skyrocketed from $2 billion to $7.75 billion. This tremendous growth made Johnny Boufarhat, the 29-year-old CEO and founder of Hopin, a paper billionaire. Boufarhat also …

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