With over £129bn being paid to businesses and individuals through Covid grants and allowances through the pandemic, HMRC are estimating that £5.8bn was claimed in error or fraudulently.
Given this, HMRC has been and continues to scrutinise and investigate Covid support scheme pay-outs.
A taskforce was set up in March 2021 with the aim of recovering funds from claims made deceitfully or due to mistakes or misunderstandings.
£536m was recovered during the period 20-21 and a further £1bn is expected to be recovered through to 2023.
Our Services
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Business Growth
If you are looking for your business to grow, and it has the potential to do so, there is every chance you will accelerate that growth by working with a growth coach. Growing can be painful, there will be hurdles to overcome and changes to be made.
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Tax Protection
With HMRC becoming more spontaneous with tax investigations we strongly suggest that every business is insured against the cost of investigation. So strongly in fact, that we automatically build it in to our fixed fee agreements. Many of our clients have been very grateful for this insurance when HMRC have come knocking.
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When it comes to supporting small enterprises, helping them grow whilst avoiding regulatory and commercial pitfalls, we have a weath of experience, expertise and a kettle - a very good kettle. If you think we could be a good fit, get in touch to see how we can add value to your business.
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