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Eat out to help out

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HMRC has published new guidance Eat out to help out scheme: receiving payments you were not entitled to on the recovery of payments made to businesses under the Eat Out to Help Out scheme. Amounts that have been overclaimed in error must be repaid to HMRC. In order to avoid penalties, businesses must declare any overclaimed amounts within 90 days of receipt and must repay the amounts by either 31 January 2022 (for unincorporated businesses) or 12 months from the end of their accounting period (for companies).

Separately, three men have been arrested as part of an HMRC investigation into suspected ‘eat out to help out’ fraud. These are the first arrests on suspicion of cheating the public revenue in connection with alleged fraud under the scheme.

Issue: 1509
Categories: News
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