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News In a settlement EDS agreed to pay £71.25m to Her Majesty's Revenue & Customs (HMRC) over problems with the tax credit computer system it designed. The PAC report says the tax credit system continues to suffer the "highest rate of error and fraud in...
[05 Feb 2008]
Comment Tax man's stamp blowout Modern solid state devices can be much more robust than anyone would give them credit for. Reader Comments of the Week showcases how our users are responding to the latest tech news and views on the site.
[24 Jan 2008]
News Virtual worlds with e-currencies create phenomenal opportunities for money laundering and tax evasion, said Kyte. This is not only due to the money credit and debit card systems cost retailers, it also comes from processing the cash in everyone's...
[27 Nov 2007]
Comment For example, registering your details for council tax and then having to register again for the electoral register. In a recent case Newcastle City Council's computer systems allowed the download of 54,000 customer credit card records.
[13 Sep 2007]
whitepaper Based on the first phase of a pilot program for a Microsoft-based knowledge management environment, the company expects to reduce time to market , decrease operating costs by U.S.in the first year, and increase its R&D tax credit by 15 percent.
[31 Aug 2007]
whitepaper Based on the first phase of a pilot program for a Microsoft-based knowledge management environment, the company expects to reduce time to market , decrease operating costs by U.S.in the first year, and increase its R&D tax credit by 15 percent.
[10 Aug 2007]
News The file contained details of payments for council tax, business rates, parking fines and rents for more than a year between February 2006 and April 2007. A security blunder at Newcastle City Council has exposed the credit and debit card details of...
[27 Jul 2007]
Comment One that springs immediately to mind is the debacle at the Department for Work and Pensions and the Tax Credit scheme, where the IT system seemed to perpetually fall to its knees and call centre operations ground to a halt.
[29 May 2007]
News TJX rang up a pre-tax charge of $5m in the fourth quarter to deal with the computer breach, which included the costs associated with investigating the issue, improving its security systems and notifying customers.
[30 Mar 2007]
News The R&D tax credit has been increased from 125 to 130 per cent for larger companies, with SMEs getting an increased tax credit of 150 to 175 per cent from April 2008. Technology trade association Intellect said the tax credit increase for smaller...
[22 Mar 2007]
Comment But it's not in front of your house.and calling to complain about what I considered unfair charges after failing to pay a council tax payment on time. My point was that as someone who usually pays on time, if this were a bank with a credit card...
[17 Nov 2006]
News HM Revenue & Customs (HMRC) is now to include a module on software R&D for its training course for tax inspectors who specialise in R&D tax credit claims.silicon.com Public Sector Tax inspectors are to get special training in order to make it...
[27 Sep 2006]
News And while there have been improvements in some of HMRC's online tax return filing systems over the last couple of years the department has recently been dogged by massive fraud on the tax credit system.
[15 Aug 2006]
News The E50 will come in at €300 without tax or subsidies. Photo credit: Nokia Nokia has unveiled an addition to its E series of business devices, launched last year. The newbie, the E50, is a cheap, voice-centric device, with or without a camera.
[18 May 2006]
News Last year it was revealed that the identities of 13,000 civil servants had been stolen and used by criminals to make fake tax credit claims. Organised crime will try and crack the identity cards database - the National Identity Register (NIR) - the...
[17 May 2006]
News EDS last year agreed to pay HMRC £71.25m in compensation after serious problems with the tax credit computer system led directly to gross losses of £209m for the department. A new NAO report on the continuing problems with the tax credits system...
[25 Apr 2006]
Comment Or keep the amount set against my mortgage, where it's like getting six per cent or so tax free. The idea is that you get credit scored (they use Equifax) and then - if you are a lender - put in an offer to lend a certain amount, over a certain...
[18 Apr 2006]
Photo Instead when the owner applies for Road Tax, the Post Office will automatically check the database to confirm the vehicle has a current MOT. Photo credit: Siemens Business Services Photo credit: Siemens Business Services
[07 Apr 2006]
News In an otherwise poor budget for the IT industry, Brown relaxed the R&D tax credit threshold for small and medium-sized enterprises (SMEs). He raised the headcount threshold for the size of business eligible for the SME R&D tax credit from 250 to...
[22 Mar 2006]
Comment Among them was the tax credit fraud fiasco that resulted from the theft of the identities and personal details of almost 13,000 staff at the Department for Work and Pensions and Network Rail. Most recently we've seen large international banks and...
[15 Mar 2006]
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