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09 Jul 2020

Jessica Parker quoted in media on furlough fraud

Partner Jessica Parker has been quoted in the media on the news that a man has been arrested on suspicion of defrauding the government’s job retention scheme out of £495,000.

Jessica said: “This highly publicised arrest was decisive and strategic. Through this action HMRC are sending a clear message to those who are tempted to take advantage of the Chancellor’s furlough package. It is likely that this action will be followed by a publicised amnesty for those who may have claimed furlough payments fraudulently and HMRC will expect that today’s arrest will encourage those who otherwise may have ‘waited it out’ to come forwards.

“Furlough fraud is rumoured to have been conducted on a large scale and HMRC’s enforcement division will be planning a significant programme to counter it.”

Click here to read the full story in the Financial TimesCity AM, Accountancy Daily, Personnel Today, Tax Journal and Governance, Risk & Compliance Monitor Worldwide.