.png)
.png)
Issue:
4882
/
Categories:
Comment & Analysis
, Freedom of Information
, HMRC
, Public Accounts Committee
, Companies
, Compliance
, Employees
Not going away
Key points
- Criticism in the Public Accounts Committee’s report on Covid-19 support schemes is likely increase HMRC compliance activity.
- A freedom of information (FOI) request suggests that efforts to recover Covid-19 losses may have stalled.
- The committee says it would be unacceptable for HMRC to write-off taxpayer’s money paid out incorrectly.
- Changes to current compliance options might bring in more voluntary disclosures.
Three years on from the start of the Covid-19 pandemic and almost two years since grant payments ended can the organisations kept afloat by the coronavirus job retention scheme (CJRS) now assume that HMRC compliance checks are over?
In short no. The criticism that the House of Commons’ Public Accounts Committee (PAC) levelled at HMRC in its report Covid employment support schemes (tinyurl.com/hocpac810) may well generate a more proactive approach and it’s unlikely that CJRS compliance activity by HMRC has gone away. In July 2022 HMRC...
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.
