HMRC has launched a new hotline to tackle Covid fraud including benefits, loans and grants given out during the pandemic which were claimed illegally.
It’s part of an amnesty which will also allow anyone to hand back the money they took without any repercussions, ‘no questions asked’.
But if anyone who did take Covid cash illegally fails to turn the money back in during the voluntary repayment scheme, they could face prosecution next year when the government’s new ‘investigatory powers’ are made law.
Tax does have to be taxing.
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All seems slightly strange.
ReplyDeleteWhy now? Covid hasn't been an issue for several years.
And where are the staff coming from to do the investigations? I know some staff were deployed to look at dodgy- looking Covid claims at the time but they were quickly reassigned elsewhere.
About time ! As long as they staff it properly. So many people got loads of money they’ were not entitled to, and had no intention of paying g back .Really the banks were to blame for a lot of it as they did no checks on companies applying for bounce back loans as they knew the taxpayer would cover any losses … absolute farce !
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