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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
The proportion of borrowing £1,000 or more increased to 45%.
Taxpayers could face fines totalling to £250 million.
50,000 small firms close every year due to late payments.
The loans are part of the £280bn support package.
Around £1.8bn is expected to be paid out in claims.
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