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  1. Legal news
    04 June 2020
    UK: HMRC are encouraging employees to report businesses for abuse of the Government's Job Retention Scheme – what if they did?
    www.twobirds.com/en/news/articles/2020/uk/hmrc-are-encouraging-employees-to-report-businesses-for-abuse-of-the-governments-job-retention

    HMRC announced that almost 800 people have reported their employers for fraudulently claiming money from the Coronavirus Job Retention Scheme. It is very likely that criminal investigations and prosecutions will follow ...

  2. Legal news
    13 July 2020
    UK: First arrests made in connection with alleged Coronavirus Bounce Back Loan Scheme fraud
    www.twobirds.com/en/news/articles/2020/uk/first-arrests-made-in-connection-with-alleged-coronavirus-bounce-back-loan-scheme-fraud

    It was reported on Friday 10 July 2020 that two men were arrested in North London in connection with fraudulent applications to the Coronavirus Bounce Back Loan Scheme (the "BBLS"). In addition to the arrests, the ...

  3. Legal news
    28 July 2020
    UK: New clawback and penalty measures in force for COVID-19 support payments: Businesses given 90 days to correct errors
    www.twobirds.com/en/news/articles/2020/uk/new-clawback-and-penalty-measures-now-in-force-for-covid-19

    On 22 July 2020, the Finance Bill 2020 received Royal Assent and became law. The Finance Act 2020, as it is now known, contains measures to ensure that Coronavirus Job Retention Scheme ("CJRS") or other COVID-19 support ...

  4. Legal news
    09 September 2020
    UK: COVID-19: what should I do if HMRC suspect my business of furlough fraud?
    www.twobirds.com/en/news/articles/2020/uk/covid-19-what-should-i-do-if-hmrc-suspect-my-business-of-furlough-fraud

    HMRC have revealed that up to £3.5 billion in Coronavirus Job Retention Scheme (CJRS) payments may have been claimed fraudulently or as a result of error, and confirmed that enquiries have been opened into 27,000 "high ...

  5. Legal news
    04 June 2020
    UK: New tax clawback and penalty measures on COVID-19 support payments: How can businesses protect themselves?
    www.twobirds.com/en/news/articles/2020/uk/new-tax-clawback-and-penalty-measures-on-covid19-support-payments

    The UK Government has implemented a number of unprecedented initiatives to help the economy weather the COVID-19 pandemic. This includes various tax-based measures aimed at helping businesses experiencing cash flow ...