Closure of HMRC unit puts £5bn of taxpayers’ money at risk, warn MPs

HMRC’s decision to shut down its Taxpayer Protection Taskforce, which targeted fraudulent and faulty COVID-19 support schemes claims, could lead to £5.1bn of taxpayers’ money being written off, a report by MPs claims. MPs on the parliamentary Public Accounts Committee (PAC) said while the Treasury and HMRC moved quickly to put the schemes providing “essential” support for businesses and individuals in place, they were too slow to better target support to those in genuine need, and tackle error and fraud.

 

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Financial Times

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