Second Grant from HMRC - coronavirus self-employment income support scheme

Grumpy_chap

Oh, I was confused for a moment.  Rishi has been so generous, I thought "free £100 million for anyone who asks" was just another Government scheme I was not aware of.

rdm123

Related to this, can any one clarify what this means:
HMRC will come down hard on fraudulent claims. It says it will check claims using a "risk-based" approach
I think I'm eligible but what exactly is a 'risk based approach' to checking them? Does that mean it will look at the likely risk according to the business you are in?

Jeremy535897

HMRC has been using this approach for years in various areas. Broadly speaking, it means they identify the sorts of claims that are most likely to be wrong, and it will skew its sampling for compliance towards those claims. This rather old and dry commentary gives some more detail, but HMRC won't be publishing their detailed methodology any time soon:
https://www.nao.org.uk/wp-content/uploads/2014/11/Appendix-3-HMRC-risk-and-compliance-process-21-11-14.pdf

TF1

Jeremy535897 said:

HMRC has been using this approach for years in various areas. Broadly speaking, it means they identify the sorts of claims that are most likely to be wrong, and it will skew its sampling for compliance towards those claims. This rather old and dry commentary gives some more detail, but HMRC won't be publishing their detailed methodology any time soon:
https://www.nao.org.uk/wp-content/uploads/2014/11/Appendix-3-HMRC-risk-and-compliance-process-21-11-14.pdf

What would define a fraudulent claim?
It's hard to see how anyone could make a fraudulent claim as HMRC do the contacting and only contact people who are eligible.

racrichardson

Thanks for all the advice offered in this thread.  I really appreciate it.  I have actually just received my email to state that I am eligible for the second grant, so am going to claim on Friday, but will keep a record of how my business has been adversely affected just in case.

Jeremy535897

TF1 said:

Jeremy535897 said:

HMRC has been using this approach for years in various areas. Broadly speaking, it means they identify the sorts of claims that are most likely to be wrong, and it will skew its sampling for compliance towards those claims. This rather old and dry commentary gives some more detail, but HMRC won't be publishing their detailed methodology any time soon:
https://www.nao.org.uk/wp-content/uploads/2014/11/Appendix-3-HMRC-risk-and-compliance-process-21-11-14.pdf

What would define a fraudulent claim?
It's hard to see how anyone could make a fraudulent claim as HMRC do the contacting and only contact people who are eligible.

If someone ceased their business in say July 2019, yet claimed and self certified that their business was adversely affected by coronavirus, that might be fraudulent.