Sullivan described the penalty as "devastating" and warned it could spell the end for his small business, highlighting concerns about the impact of such fines on smaller enterprises.
Keir Starmer's plan to abolish the independent post-ministerial jobs watchdog introduced financial penalties for breaches of conduct after leaving government, enhancing standards oversight.
Sara Morris, who was diagnosed with multiple sclerosis, exaggerated her condition to fraudulently claim over £20,000 in benefits while actively participating in running events.
The construction sector comprises nearly a quarter of deliberate tax defaulters, revealing a troubling trend and evading nearly £15 million in taxes.
'Those who earn over a certain amount of money each year are required to pay tax. Tax is usually deducted from an individual's wage or pension automatically; however, those in receipt of other forms of income, including property and self-employment, will need to report their earnings to HM Revenue and Customs (HMRC) through a Self-Assessment tax return.'
Carl Icahn and his company were charged by U.S. regulators for failing to disclose billions in personal loans secured by Icahn Enterprises' securities, resulting in significant penalties.