HMRC Faces £47 Million Fraud: Criminals Exploit PAYE Accounts In a shocking revelation, HM Revenue and Customs (HMRC) recently confirmed that criminals managed to steal a staggering £47 million from the UK tax authority. The fraudsters achieved this by employing a sophisticated scheme that involved faking taxpayer credentials and exploiting Pay As You Earn (PAYE) […]
Treasury eyes AI-driven future as IRS technology review begins
Treasury Department Gears Up for AI-Driven Future as IRS Technology Review Commences As technology continues to revolutionize the way we live and work, it comes as no surprise that government agencies are also looking to harness its power for greater efficiency and effectiveness. The latest player to join the technological wave is the U.S. Treasury […]
Trump pushes for government crypto holdings
Trump Pushes for Government Crypto Holdings In the ever-changing landscape of finance and technology, the concept of cryptocurrencies has been a hot topic of debate. Recently, former President Donald Trump made headlines by advocating for the US government to invest in cryptocurrencies. Supporters of this idea highlight the potential for significant taxpayer gains and believe […]