Source · Select Committees · Public Accounts Committee
Recommendation 11
11
HMRC has been given £100 million to fund a temporary taskforce to investigate fraud and...
Conclusion
HMRC has been given £100 million to fund a temporary taskforce to investigate fraud and error on the schemes and has opened about 40,000 investigations so far. HMRC forecasts that by the time the taskforce winds down, it will have recovered around £1.1 billion, around a quarter of the fraud and error losses. HMRC expects some of the more complex cases to still be unresolved by that point. HMRC expects to also recover further losses through its usual tax compliance activity, though it did not articulate how much more it will realistically be able to recover.15