Revenue and Customs: Standards

Treasury written question – answered on 1st February 2023.

Alert me about debates like this

Photo of Beth Winter Beth Winter Labour, Cynon Valley

To ask the Chancellor of the Exchequer, what estimate his Department has made of HMRC's rate of return on investment for (a) covid-schemes fraud and error and (b) tax compliance recovery.

Photo of Victoria Atkins Victoria Atkins The Financial Secretary to the Treasury

At Budget 2021, the Government announced an investment of over £100 million in the Taxpayer Protection Taskforce, to be in place for two years to April 2023, to combat fraud in the COVID-19 financial support schemes administered by His Majesty’s Revenue and Customs (Coronavirus Job Retention Scheme, Self Employed Income Support Scheme and Eat Out To Help Out). Including amounts recovered through compliance work on the COVID-19 schemes before the taskforce was formed, HMRC expects to recover £1.1bn by September 2023.

On 13 October 2022, HMRC set out their plans in an issue briefing ”HMRC issue briefing: tackling error and fraud in the Covid-19 support schemes” to transition COVID-19 compliance activity to business-as-usual compliance teams by the end of September 2023.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.