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HMRC outlines intention to recover £1 billion in fraudulent furlough funds

HMRC has announced that it will recover over £1 billion in fraudulently claimed furlough cash over the next two years.

14 Jun 2021

HMRC has announced that it will recover over £1 billion in fraudulently claimed furlough cash over the next two years.

UK employers have claimed more than £60 billion in furlough funds since the introduction of the Coronavirus Job Retention Scheme (CJRS) in March 2020. The CJRS was extended in the 2021 Budget until 30 September.

Data published by the Office for National Statistics (ONS) recently revealed that workers in the hospitality sector were most likely to still be on furlough. At peak use of the CJRS, 91% of pub and bar staff were furloughed. 

HMRC stated that it intends to launch a handful of criminal investigations into suspected cases of serious CJRS fraud.

A spokesperson for HMRC said: 'The CJRS has provided a lifeline to millions of people across the UK and fraudulent claims are unacceptable. It is taxpayers' money and fraud limits our ability to support people and deprives public services of essential funding.

'We'd ask anyone concerned that an employer might be abusing the scheme, or anyone with information about suspected fraud, to please contact us. All information is assessed and the most appropriate course of action taken.'

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020 7794 5757

Numera, 4th Floor Charles House, 108-110 Finchley Road, London NW3 5JJ

Numera is a trading name of Numera Partners LLP | Company Registration No. OC365787 | Place of Registration: England & Wales | Registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales.

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Numera is a newly established forward-thinking firm of chartered accountants, with over 25 years in experience of audit, accountancy, taxation and business advisory services.

We work with clients in a large variety of industries and sectors; from sole traders to multi-million pound turnover organisations. We aim to create and maintain a close relationship with our clients. By being so involved, we are able to identify opportunities for our clients as well as possible risks that our clients may be faced with.

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