HMRC

Recent furlough fraud arrests have focused minds among HR professionals on ensuring that their use of the Coronavirus Job Retention Scheme stays above board and there are no errors and poor record-keeping that could lead to investigation by HMRC. Taylor Wessing’s Colin Godfrey offers guidance.

The taxman has cracked down on furlough fraud, arresting a West Midlands man as part of an investigation into a suspected £495,000 Coronavirus Job Retention Scheme fraud.

https://www.ftadviser.com/your-industry/2020/07/13/hmrc-cracks-down-on-furlough-fraud-with-first-arrest/

HMRC have made their first arrest in connection to alleged Coronavirus Job Retention Scheme ("CJRS") fraud.

A man from the West Midlands has been arrested as part of an HM Revenue and Customs investigation into a suspected £495,000 Coronavirus Job Retention Scheme (CRJS) fraud

Detectives have issued a warning after hoax callers have been ringing families saying they are police officers acting on behalf of Her Majesty's Revenue and Customs (HMRC).

Two men have been sentenced for a £500,000 fuel laundering fraud after they left DNA and fingerprints at an illegal processing plant in south Armagh.

https://armaghi.com/news/newry-news/dna-and-fingerprints-convicts-500000-co-armagh-laundering-duo/111895

The sentence, handed down at Manchester Crown Square Crown Court, was suspended for two years, and included 440 hours of unpaid work.

Consumers demand further tax transparency from businesses

New research suggests that about a third of employees have been asked to commit furlough fraud during the Covid-19 lockdown with staff experiencing pay cuts and deportation threats in addition to being furloughed.

The Government has given employers a 30-day grace period to admit to any potential fraud.