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HMRC has been given £100 million to fund a temporary taskforce to investigate fraud and...
Recommendation
HMRC has been given £100 million to fund a temporary taskforce to investigate fraud and error on the schemes and has opened about 40,000 investigations so far. HMRC forecasts that by the time the taskforce winds down, it will have recovered around £1.1 billion, around a quarter of the fraud and error losses. HMRC expects some of the more complex cases to still be unresolved by that point. HMRC expects to also recover further losses through its usual tax compliance activity, though it did not articulate how much more it will realistically be able to recover.15
Government Response
A response document is linked to this report, dated 12 April 2023. Response attribution to this conclusion has not been verified. Read the response document.
Source
Committee
Public Accounts Committee
Report
Thirty-Third Report - HMRC performance in 2021–22
11 Jan 2023
HC 686
Addressee Bodies
HM Treasury
Timeline
Recommendation age
3.7 yrs
Report published
11 Jan 2023