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HMRC urged to work with businesses as furlough claiming problems are discovered

Reportedly, HMRC apologised to users in recent weeks noting: We re afraid our CJRS calculator on GOV.UK contained a software error, which we have now corrected. As a result of this change, employers will need recalculate their claims if they used the calculator before January and all of the following applied: The claim contained employees who were not on a fixed salary Employee s pay for January 2019 was used as a reference instead of 2020 The employee s pay was different January 2019 to January 2020 HMRC has been urged to take action on furlough problems (Image: GETTY) It is important to note these problems and corrections as if they are missed, it could lead to problematic outcomes.

Furlough warning: Jobs may be gone forever as Rishi Sunak ends scheme - full details

| UPDATED: 16:30, Tue, Jan 19, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Rishi Sunak has extended the furlough scheme into April 2021 and on top of this, Boris Johnson has placed the UK into another lockdown which shows no sign of being ended anytime soon. Recent analysis from Citation Law predicts that the current restrictions will be in place until the Spring which will mean the impacts of coronavirus will have had an effect on the economy for over a year.

Furlough: Warning as fraud reports to HMRC spiral to 21,000 - impacts explored | Personal Finance | Finance

| UPDATED: 21:59, Thu, Jan 14, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. The furlough scheme has offered support to nearly 10million people, providing them with financial support if they have been affected by the COVID-19 crisis. Many employers have been forced to place their workers on furlough due to lockdown measures implemented to stop the spread of the pandemic. However, there are rules which must be abided by when it comes to the scheme, including employees not being permitted to work for the company in question while on furlough.

Furlough alert: HMRC examines taxpayers phone & internet records in fraud investigations

Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Furlough fraud proved to be a significant issue in 2020 as it was estimated billions of pounds of taxpayer s money was lost due to a hasty roll-out of the Job Retention Scheme. In late October, Meg Hillier, a Chair of the Public Accounts Committee, warned: Our finding of the astonishing lack of economic planning for a pandemic shows how the unacceptable room for fraud against taxpayers was allowed into the Government’s hastily drawn up economic support schemes.

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