The extent of the government's losses as a result of the ongoing tax credits fiasco may be much more severe than first thought, according to new figures published on Tuesday.
The figures show that the government overpaid GBP1.7 billion, (£1,700,000,000), in tax credits in 2005/6, bringing the grand total of overpayments since the scheme was introduced in 2004 to GBP5.7 billion.
The government is already writing off almost GBP2 billion, (£2,000,000,000) as irrecoverable. However, according to new research by the Liberal Democrat Party, an additional GBP3.6 billion has been lost through the tax credit system due to fraud, the vast majority of which is never likely to be recovered. The Lib Dems say that this brings the true total of tax credit losses to GBP9 billion,(£9,000,000,000), of which GBP5 billion will have to be written off by the government.
PLEASE NOTE: Take independant legal advice before taking any actions.
PLEASE NOTE: Take independent legal advice before taking any actions. Some information may not be upto date.
The Basics: Child Tax Credit and Working Tax Credit
Basics: Child Tax Credit and Working Tax Credit were introduced in April to replace Working Families' Tax Credit which many families relied upon to make ends meet.
HM Revenue & Customs: Tax Credits The HM Revenue & Customs Tax Credit pages featuring information on the tax credits available to you.
This Blog Relates to the United Kingdom Tax Credits System.
HM Revenue & Customs: Tax Credits The HM Revenue & Customs Tax Credit pages featuring information on the tax credits available to you.
This Blog Relates to the United Kingdom Tax Credits System.
Change The Tax Credits System so it helps Lower Income Earnings
Members of Parliament
Tax Credits are a Political Issue and at this time a General Election could be due soon. Therefore greater Pressure could be put on the Government to Change The Tax Credits System to something that helps Lower Income Earnings instead of punishing them!!
Contact your own Member of Parliament let them know that you have/are having problems
Alphabetical List of Members of Parliament
Tax Credits are a Political Issue and at this time a General Election could be due soon. Therefore greater Pressure could be put on the Government to Change The Tax Credits System to something that helps Lower Income Earnings instead of punishing them!!
Contact your own Member of Parliament let them know that you have/are having problems
Alphabetical List of Members of Parliament
Please ONLY post United Kingdom Tax Credits issues.
Please ONLY post United Kingdom Tax Credits issues.
Tax Credit Casualties Main Site : A MUST VIEW!!! Check it our :)
Tax Credit Casualties Main Site A MUST VIEW!!! Check it Out!!! What to do, When to do it, and How to do it.
Piles of Money
Biggest Tax Credits Pay out Ever, and on Time!!!
£53M BONUS FOR CIVIL SERVANTS IN TAX CREDIT FIASCO
£53M BONUS FOR CIVIL SERVANTS IN TAX CREDIT FIASCO
Not bad, pity they can not pay out Tax Credits.
Click Here for more information about how they got £53,000,000.00
Not bad, pity they can not pay out Tax Credits.
Click Here for more information about how they got £53,000,000.00
Brown’s ‘incompetence’ over tax credits has cost the public £2bn
TAX CREDIT SYSTEM HAS LOST £1.74 BILLION
£6bn overpaid to tax credit claimants since 2003
HMRC slammed over tax credits bungle.
HMRC slammed over tax credits bungle.
Public Accounts Committee says £1.4bn is likely to be written off
Public Accounts Committee says £1.4bn is likely to be written off
Can I get legal aid?
Can I get legal aid?
Use the CLS Direct Legal Aid Calculator to see if you are eligible for legal aid.The CLS Direct Legal Aid Calculator allows you to find out if you could get legal aid (CLS-funded help) for a civil case.
You will be asked a series of questions about your legal problem and financial situation. For reasons of data protection, none of the information entered into the calculator is saved, so it is completely confidential and anonymous.
You can print out the results at the end for your own records.
Use the CLS Direct Legal Aid Calculator to see if you are eligible for legal aid.The CLS Direct Legal Aid Calculator allows you to find out if you could get legal aid (CLS-funded help) for a civil case.
You will be asked a series of questions about your legal problem and financial situation. For reasons of data protection, none of the information entered into the calculator is saved, so it is completely confidential and anonymous.
You can print out the results at the end for your own records.
Legal Beagles. Provide legal strategies for the self litigating consumer.
Legal Beagles. Provide legal strategies for the self litigating consumer.
With our experiences, knowledge and resources we will be at the forefront of the battles against unfair practices, whether they be from the banks (where our main battle is at the moment) or any other organisation that feels they can use unfair business practices to take money from our members.
With our experiences, knowledge and resources we will be at the forefront of the battles against unfair practices, whether they be from the banks (where our main battle is at the moment) or any other organisation that feels they can use unfair business practices to take money from our members.
Friday 18 July 2008
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