Facing an HMRC investigation

HMRC compliance activity traditionally takes the form of a statutory enquiry which can send shock waves through a firm. Danielle Ford, head of tax disputes and resolutions, and Riocard Hoye, senior manager, haysmacintyre, consider disclosure notices and penalties

In November 2021, HMRC ramped up efforts to recover a reported £1bn between 2021 and 2023 from fraudulent or incorrect furlough payments, including the Covid-19 support schemes such as the Coronavirus Job Retention Scheme (CJRS) and Self-Employment Income Support Scheme (SEISS).

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