HMRC

Two men have been sentenced for a £500,000 fuel laundering fraud after they left DNA and fingerprints at an illegal processing plant in south Armagh.

https://armaghi.com/news/newry-news/dna-and-fingerprints-convicts-500000-co-armagh-laundering-duo/111895

The sentence, handed down at Manchester Crown Square Crown Court, was suspended for two years, and included 440 hours of unpaid work.

Consumers demand further tax transparency from businesses

New research suggests that about a third of employees have been asked to commit furlough fraud during the Covid-19 lockdown with staff experiencing pay cuts and deportation threats in addition to being furloughed.

The Government has given employers a 30-day grace period to admit to any potential fraud.

HMRC’s draft legislation shows ambition to tackle furlough scheme frauds – but money overpaid to employers will likely be difficult to regain

Dishonestly taking public money from the £100bn job retention scheme could result in an investigation and a prison sentence – yet research indicates abuse is rampant. Now HMRC is seeking to crack down on the fraudsters.

https://www.independent.co.uk/news/business/analysis-and-features/furlough-fraud-job-retention-scheme-abuse-hmrc-crackdown-a9563561.html

Legislation is being rushed through Parliament to introduce employer penalties for furlough fraud.

https://uk.finance.yahoo.com/news/coronavirus-employers-to-be-given-30-days-to-admit-to-furlough-fraud-102459788.html?soc_src=social-sh&soc_trk=tw&guccounter=1&guce_referrer=aHR0cHM6Ly90LmNvL1U5UVQ2c3NmZTM_YW1wPTE&guce_referrer_sig=AQAAAL4i6VNpM0AStwCqAqQXjNkWSP0O6LnHL7atiNxlSWyj_h-57gP3YxOjWzukdQfvKwh9TtnJmHukg43LIRtqpyTgcu3-poDdXQlNaORPXGjracZJQBzlnHvuHUwq8AJbdvof5f5LZPdAuivPC3GZJHI0TvT2NxaKVbl228WKGE4o

A company director has been jailed for fraudulently avoiding around £100,000 in tax.

HM Revenue & Customs has warned it will impose a penalty on directors who deliberately flout the rules of the government's coronavirus furlough scheme.