Government to invest over £100 million in COVID fraud taskforce

05 Mar 2021

Chancellor Rishi Sunak used the 2021 Budget to announce an investment of more than £100 million into a HMRC taskforce designed to combat coronavirus (COVID-19)-related fraud.

The new Taxpayer Protection Taskforce will seek to crack down on criminals who attempt to fraudulently claim money via government COVID-19 financial support schemes.

The taskforce will combat fraud in the Coronavirus Job Retention Scheme (CJRS) and the Self-employment Income Support Scheme (SEISS). HMRC also intends to raise awareness of enforcement action in order to deter fraud and will 'significantly strengthen' law enforcement for Bounce Back loans.

Announcing the new taskforce, the Chancellor said in his Budget speech: 'We'll also tackle fraud in our COVID schemes, with £100 million to set up a new HMRC taskforce of around 1,000 investigators, as well as new measures and new investment in HMRC to clamp down on tax avoidance and evasion.'

Home | Contact us | Accessibility | Disclaimer | Terms & Conditions | Help | Site map |
© 2021 Reza Samii. All rights reserved.
Reza Samii Chartered Accountants, 5 Calico Row, Plantation Wharf, Battersea, London SW11 3YH


Registered to carry out audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales.

Details about our audit registration can be viewed at www.auditregister.org.uk for the UK and www.cro.ie/auditors for Ireland, Under reference number C007390233.

We use cookies on this website, you can find more information about cookies here.