HMRC enquiries into Coronavirus Job Retention Scheme claims

 

In this episode, Ami Jack Head of National Tax talks to by David Yewdall, from our Employer Solutions team and Clare Halligan, from our tax disputes and resolution team on HMRC enquiries into Coronavirus Job Retention Scheme claims.

HMRC has estimated the amount lost due to fraudulent or erroneous CJRS claims is £5.3bn, or close to 9%. Attention has turned to recouping this.

There are recent headlines about HMRC enquiries into the Coronavirus Job Retention Scheme/furlough scheme. 8.7% of all payouts in first year were deemed to be due to fraud or error. There may be a high number of errors due to the speed at which the scheme needed to be rolled out.

Read more on this issue here.  

   

 

If you have a podcast query, Please contact:

Laura Cruse
Media & Advertising Assistant Manager
podcast@smithandwilliamson.com

 

 

SUBSCRIBE:

Stay up to date with our latest insights, subscribe to our mailing list here and choose the topics you’re interested in: https://bit.ly/3ArrCoa

GET IN TOUCH:

Have any feedback? We're listening, email us at: podcast@smithandwilliamson.com

FOLLOW US:

Twitter -  @SmithWilliamson
LinkedIn - @Smith&Williamson

This episode was recorded on  07/12/2021

Tax legislation is that prevailing at the time, is subject to change without notice and depends on individual circumstances. Clients should always seek appropriate tax advice before making decisions. HMRC Tax Year 2021/22.

This S&W The Pulse podcast is of a general nature and is not a substitute for professional advice. No responsibility can be accepted for the consequences of any action taken or refrained from as a result of what is said. The views expressed are not necessarily those of the presenter or of Smith & Williamson or any of its affiliates. No reproduction of this podcast may be made in whole or in part for professional or recreational purposes. No action should be taken based on this podcast and we accept no liability if we change your views on any of the subjects mentioned.

Podcast information:

The Pulse from Smith & Williamson

The possibility of tax reform in the UK

Episode 13

Related content

 

Contact us

Contact us

Cookie Settings