HM Revenue and Customs (HMRC) is warning people claiming Child Benefi t of a new tax investigation which could see some families being issued with a fine and having their payments paused.
During the coronavirus pandemic, HMRC reduced the number of checks it made on claimants while staff were redeployed elsewhere in the business, however, it has now been given new powers to investigate the financial records of 170,000 earners who may have been wrongly awarded the benefit.
This is part of a tax avoidance measure passed by MPs last week which will allow the UK Government to claim back benefit overpayments.
