Furlough Fraud Warning
Posted on 9th September 2020 at 13:28
Furlough fraud warning for 3,000 firms.
HMRC has written to more than 3,000 employers they believe may need to repay some or all of their Coronavirus Job Retention Scheme (CJRS) money and have reminded them that there is a 90-day period of grace after the claim was made to voluntary make repayments
Fiona Fernie, a tax dispute and resolution partner at Blick Rothenberg, said: “Companies need to act right now if they have received a letter and respond to HMRC even if they think that their claim is correct or there has simply been a mistake.
“Failing to do so will mean that HMRC will instigate an investigation that could take months to resolve. HMRC are normally sympathetic if they get a response but if not, they will crack down hard.”
The full article can be read below;
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