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Written question asked by Darren Jones (Labour) on Monday, 21 March 2022, in the House of Commons. It was due for an answer on Friday, 25 March 2022. It was answered by Lucy Frazer (Conservative) on Tuesday, 26 April 2022 on behalf of the Treasury.


Fraud: Coronavirus

Question

To ask the Chancellor of the Exchequer, with reference to the Business, Energy and Industry Strategy Committee Select Committee hearing on 15 March 2022, for what reason HMRC was unable to provide banks with access to revenue data for companies applying for covid-related finance products.

Answer

Jim Harra, Chief Executive and First Permanent Secretary of HMRC wrote to the Business, Energy and Industrial Strategy Committee concerning HMRC’s data-sharing with banks on 24 March 2022: https://committees.parliament.uk/publications/9452/documents/161409/default/.

HMRC has always stood ready to assist the banks to prevent and tackle fraud in the Covid-19 loan schemes. At no time has HMRC declined to share data for this purpose.


Secondary information

Type
Written question
Reference
157534
Session
2021-22
Related items
Covid loan fraud.
Tuesday, 15 March 2022
Parliamentary committees
House of Commons
Subjects
Banks Fraud Revenue and Customs Coronavirus
Link
View this Written question on www.parliament.uk