'Furlough fraud' | First arrest sends stark warning to employers

First arrest sends stark warning to employers

When the Coronavirus Job Retention Scheme (CJRS) was announced by Chancellor Rishi Sunak earlier this year, many analysts questioned the ability of HMRC to regulate its implementation and usage, given the mass scale on which it was adopted.

The scheme, which facilitates furloughed staff members receiving 80% of their wages by the taxpayer, which can be up to £2,500 per month, is estimated to have cost the public £19.6billion so far. By the Government’s own analysis at its height, furlough was being used by one-quarter of the UK’s workforce – yet numbers have dropped as lockdown measures continue to ease across the country.

Continue reading for FREE!

Sign up for a myGrapevine account to get:

  • Unlimited access to News content
  • The latest Features, Columns & Opinions
  • A full range of specialist HR newsletters to choose from

Welcome Back

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.