Changes to VAT penalties and interest from 01 January 2023
HMRC launches 13,000 investigations into COVID-19 support schemes HMRC has launched nearly 13,000 investigations into alleged abuse of the government’s coronavirus (COVID-19) financial support schemes.A freedom of information request revealed that, up to the end of March 2021, HMRC opened 12,828 investigations into alleged cases of fraud. 7,384 of these investigations related to abuse of…