The National Audit Office has found errors in the payroll system for the
Ministry of Defence. Checks of the Joint Personnel Administration system found
that just over 14% of transactions on specialist pay, expenses and allowances
led to a likely error estimated at up to £268m.
The findings, among others, lay behind an NAO decision to qualify the MoD’s
accounts this week. HM Revenue & Customs, the Treasury, the Department for
Work and Pensions, and the Equality Commission also saw their accounts
Treasury accounts could not be signed because the department spent £24bn more
than it told Parliament it would due to losses arising from the Asset Protection
HMRC accounts were qualified largely as a result of errors and fraud in the
tax credit system, amounting to between £1.58bn and £1.84bn.
Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer
The SME community voices concern about the chancellor's measures in the Spring Budget
Following chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals
One of the bigger announcements of the final Spring Budget is the raising of Class 4 NICs for the self-employed