Source · Select Committees · Public Accounts Committee
Recommendation 14
14
In July 2022, HM Revenue & Customs (HMRC) estimated that £4.5 billion had been paid...
Conclusion
In July 2022, HM Revenue & Customs (HMRC) estimated that £4.5 billion had been paid to claimants as a result of error and fraud within the two schemes. It told us that this remained its best estimate of the extent of error and fraud within the two schemes.21 In July 2022, HMRC also estimated that most error and fraud arose within CJRS, equivalent to £3.5 billion. Of the £2.4 billion lost to fraud across the two schemes, the large majority was due to opportunistic fraud rather than organised crime.22