HMRC has announced the potential penalties that can be imposed on employers who commit fraud under the Coronavirus Job Retention Scheme.
The Job Retention Scheme was put in place to support employers who were not able to operate as normal due to the pandemic. However, some employers have likely overclaimed and may face sanctions if this is not reported and rectified.
The Government has explained that the following actions constitute an overclaimed furlough grant:
• Any amount the employer was not entitled to ...Read More →