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UK inflation posts record jump to hit 9-year peak in August
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Tory pay offer to schools, NHS staff and carers is all wiped out by inflation
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Alternative to Stay and Spend Scheme not being examined, says Paschal Donohoe
The scheme was set up last year to encourage people to holiday at home and is terminates at the end of this month. By Christina Finn Thursday 29 Apr 2021, 8:01 AM 3 hours ago 10,200 Views 6 Comments
FINANCE MINISTER PASHCAL Donohoe has said that an alternative to the government’s Stay and Spend Scheme is not being examined at present by his department.
Last October, the government launched the Stay to Spend scheme, which allowed taxpayers claim a maximum of €125 back in tax credits on their spending in the hospitality sector until 30 April 2021.
Since the introduction of the General Data Protection Regulations (GDPR), businesses have had to adapt to new ways of storing personally identifiable information to become compliant, or else face hefty fines and penalties, as well as reputational harm.
However, with the chaos and confusion of Covid-19, businesses had to rapidly introduce new ways of capturing personal data, such as ‘track and trace’ processes to protect their employees, visitors and customers.
In many cases, this led to scribbled down personal information that could be accessed and shared by any passers-by – easily misplaced or used for marketing purposes without authorisation.
Despite the same threat of fines for non-compliance, GDPR has slipped far down the list of business priorities, often reverting back to old and outdated methods.
HMRC launches new taskforce to tackle furlough fraud and Eat Out To Help Out cheats
Investigators have already opened 10,000 inquiries into potentially fraudulent claims.
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