thenews.com.pk 21 Sep, 2020 03:15 am

Employers return over £200m in furlough cash

Employers return over £200m in furlough cash
LONDON: British employers have voluntarily returned more than £215 million to the government in furlough payments they decided they did not want or need.According to figures from HM Revenue...

According to figures from HM Revenue and Customs (HMRC), so far 80,433 employers have returned money that they were given to cover the salaries of their workers.Some of the money was returned, while other companies simply claimed smaller payouts the next time they were given furlough cash.HMRC said it did not know how many employees’ salaries have been returned as the money was “not broken down to reflect individual salaries”.Top Story September 21, 2020 LONDON: British employers have voluntarily returned more than £215 million to the government in furlough payments they decided they did not want or need.

HMRC said: “HMRC welcomes those employers who have voluntarily returned CJRS grants to HMRC because they no longer need the grant, or have realised they’ve made errors and followed our guidance on putting things right.The companies and other bodies have returned £215,756,121 as of September 15, according to data obtained by the PA news agency through a freedom of information request.

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