Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

£400,000 paid to informants in past year

30 November 2021
Issue: 4819 / Categories: News

HMRC paid informants £400 000 for tip-offs about tax fraud in the year to 31 March 2021 according to RPC.

The City law firm says it is likely that a proportion of the money paid to informants would have been for information relating to abuse of Covid support schemes including the furlough scheme. The dedicated hotline set up by HMRC to enable people to report suspected abuse of the furlough scheme had received more than 28 000 reports by the end of June 2021.

The size of payment to an informant is decided case by case however it is often based on the amount of money HMRC expects to recover as a result of the information.

Many investigations into furlough fraud will have been triggered by information provided by disgruntled or former employees seeking to punish bosses they feel have wronged them.

RPC says that the recent Pandora Papers...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

back to top icon