Beware if your Coronavirus support claims do not stand up to scrutiny!
Learn about new developments regarding H.M. Revenue & Customs examination of Coronavirus claims We will explain how H.M. Revenue & Customs are cranking up their examination of suspect Coronavirus support claims and what you can do to avoid a nasty shock.
We have managed to obtain details of the number of enquiries which have been opened up by H.M. Revenue & Customs up to 31 March 2021, regarding the Coronavirus Job Retention Scheme and the Self Employed Income Support Scheme.
In the period to 31 March 2021 7,384 enquiries into Coronavirus Job Retention Scheme claims with five arrests.
With regards to the Self Employed Income Support, 5,020 enquiries have been opened but no arrests made as yet.
The Financial Times have confirmed that by the end of May 2021 there had been 28,444 notices of potential furlough fraud reported to them.
H.M. Revenue & Customs expect that it will take them up to 6 years to carry out a fully review and the Government are ploughing £100 million into its Coronavirus taskforce.
Certainly, now that the health matters concerning the virus are settling down somewhat, H.M. Revenue & Customs are starting to focus on compliance issues. If you are in any doubt as to the validity of any claim you have made, now is the time to look into and and correct matters. Do not wait for H.M. Inspector of Taxes to come knocking on your door.
We have developed a review process for both Self Employed Income Support and Coronavirus Job Support Scheme claims which can give you the peace of mind that the claims which you have submitted are on the right side of the law. If you would like us to review your claims please call us on 0121 706 8585 and we can get your review underway.