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In its evidence to us, TaxWatch said the legacy of the employment support schemes risks...
Conclusion
In its evidence to us, TaxWatch said the legacy of the employment support schemes risks being damaged if more is not done to recover the billions of pounds stolen from them.20 The Association of Accounting Technicians submitted evidence to us in which it said HMRC’s current target for recoveries somewhat lacks ambition and HMRC needs do more to recover losses from errors and fraudulent payments.21 We asked HMRC how much extra money it would need to get the remaining £4 billion back. HMRC told us that it was not sure whether further spending on recovering employment support schemes payments would provide it with the greatest payback, although it recognised such action might be important for other reasons. We told HMRC that its answer reinforced the impression that it had written off chasing fraudulent payments and errors as too difficult and too resource intensive. It responded that it had made a realistic assessment of what it thought it could recover.22 Error and fraud on research and development tax reliefs
Government Response
A response document is linked to this report, dated 28 April 2022. Response attribution to this conclusion has not been verified. Read the response document.
Source
Committee
Public Accounts Committee
Inquiry
HMRC Annual Accounts 2020-21
Report
Thirty-Seventh Report - HMRC Performance in 2020–21
11 Feb 2022
HC 641
Addressee Bodies
HM Treasury
Timeline
Recommendation age
4.6 yrs
Report published
11 Feb 2022