HMRC

HMRC fraud and error taskforce to clawback Covid payments launches

4th June 2024 Alternative Business Lending | #fraud #HMRC

The Government has launched a new HMRC fraud and error taskforce in a bid to recover overpayments made to UK taxpayers during the pandemic. The £100 million Taxpayer Protection Taskforce of 1,200 HMRC staff will combat fraud and aims to recover up to £1.5 billion from fraudulent or incorrect payments for the 2022/23 financial year.…

HMRC accused of profiteering from self-employed worker rate on late payments

3rd July 2023 Commercial Collections and Recoveries | #HMRC #late payments

HMRC has been accused of profiteering from self-employed workers over the rate it charges on late payments. Analysis shows that while taxpayers have been charged 7% on late payments, those who are owed a refund from HMRC receive interest of just 3.5%. Julia Kermode, founder of IWORK, said “HMRC is profiteering from self-employed workers at…

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HMRC

HMRC fraud and error taskforce to clawback Covid payments launches

HMRC accused of profiteering from self-employed worker rate on late payments

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