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Businesses repay £1.3bn furlough payments

05 October 2021
Issue: 4811 / Categories: News

Firms that have overclaimed or decided they no longer need payments received through the coronavirus job retention scheme handed back £300m in the past three months, according to the Treasury.

In total, employers have repaid £1.3bn to HMRC since July 2020 through adjustments to claims and the voluntary disclosure service, which will continue into 2022.

The furlough scheme – which protected nearly 12 million jobs and supported more than 1.3 million businesses across the UK – closed on 30 September. Employers need to make their September claims by 14 October.

 

Issue: 4811 / Categories: News
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