14
Not Addressed
In July 2022, HM Revenue & Customs (HMRC) estimated that £4.5 billion had been paid...
Conclusion
In July 2022, HM Revenue & Customs (HMRC) estimated that £4.5 billion had been paid to claimants as a result of error and fraud within the two schemes. It told us that this remained its best estimate of the extent of error and fraud within the two schemes.21 In July 2022, HMRC also estimated that most error and fraud arose within CJRS, equivalent to £3.5 billion. Of the £2.4 billion lost to fraud across the two schemes, the large majority was due to opportunistic fraud rather than organised crime.22
Government Response Summary
The government response merely repeats the committee's observation that the schemes’ costs included an estimated £4.5 billion of error and fraud.
Government Response
Not Addressed
Government Response
Not Addressed
HM Government
Not Addressed
The schemes’ costs include an estimated £4.5 billion of error and fraud.
Source
Committee
Public Accounts Committee
Report
Fortieth Report - COVID employment support schemes
08 Mar 2023
HC 810
Addressee Bodies
HM Treasury
Timeline
Recommendation age
3.4 yrs
Report published
08 Mar 2023