HM Revenue and Customs Tax Credits Error and Fraud, Fourth Report of Session 2013-14, Report, Together with Formal Minutes, Oral and Written Evidence

Name: HM Revenue and Customs Tax Credits Error and Fraud, Fourth Report of Session 2013-14, Report, Together with Formal Minutes, Oral and Written Evidence
Availability: OutOfStock
ISBN: 9780215057556

ISBN-10: 0215057554

ISBN-13: 9780215057556

Edition: N/A

Authors: Great Britain: Parliament: House of Commons: Committee of Public Accounts, Margaret Hodge

List price: $11.00

30 day, 100% satisfaction guarantee!

Out of stock

We're sorry. This item is currently unavailable.

what's this?

Rush Rewards U
Members Receive:

You have reached 400 XP and carrot coins. That is the daily max!

Description:

HMRC paid £30 billion in tax credits in 2011-12, providing support to nearly six million individuals and families. Yet in 2010-11 one in five awards contained error or fraud which resulted in claimants receiving more money than they were entitled to. £2.3 billion was lost to error and fraud in 2010-11, £850 million higher than expected. HMRC's target was to save £8 billion from reducing tax credits error and fraud by 2015, but it will miss this target by £5 billion. HMRC needs a more realistic target for the amount of savings it should achieve from reducing error and fraud. The support provided to claimants, in writing and through its helpline, also needs to be improved. This will help…

Book details

List price: $11.00
Publisher: Stationery Office, The
Publication date: 5/22/2013
Binding: Paperback
Pages: 44
Size: 11.81" long
Language: English