Salman Anwar and Haris Rehman explore abuse of the government’s job retention scheme and analyse HMRC’s response to it.
23 March 2020 – the day when Britain went into full lockdown. Numerous sectors of the economy were hit hard with the hospitality sector perhaps one of the hardest hit. Businesses had to close at very short notice leading to a huge amount of uncertainty for them and their employees. Once bustling city centres were left deserted. Businesses and jobs were at risk and just when all hope seemed lost, Mr Sunak, like a knight in shining armour, announced a whole raft of measures to help stabilise the economy. The Coronavirus Job Retention Scheme (CJRS), also known as the furlough scheme, was the flagship measure designed to protect jobs and support a huge proportion of the population economically.
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