EDS settles Tax Credits claim for £71m, £71,000,000
HM Revenue & Customs this week accepted £71.25m from Electronic Data Systems (EDS) to settle its claim for compensation for the problems caused by EDS's computerised Tax Credit administration system.
Paymaster general Dawn Primarolo announced the settlement in a written statement issued to Parliament on Tuesday, which added: "Details of the settlement are commercially sensitive and therefore bound by a legal confidentiality agreement as is normal in agreements of this nature."
When the new credits were introduced in 2003, thousands of claimants were left without payments because of flaws within the computerised processing system. According to
Parliamentary ombudsman Ann Abrahams, "systematic maladministration" resulted in difficulties for 1.9m families.
Piles of Money
Biggest Tax Credits Pay out Ever, and on Time!!!
Friday, 18 July 2008
Brown’s ‘incompetence’ over tax credits has cost the public £2bn
Brown’s ‘incompetence’ over tax credits has cost the public £2bn, £2,000,000,000
Gordon Brown was accused last night of presiding over incompetence on “an industrial scale” as a damning report found that his tax credits system had cost the public almost £2 billion through overpayments, errors and fraud.
Gordon Brown was accused last night of presiding over incompetence on “an industrial scale” as a damning report found that his tax credits system had cost the public almost £2 billion through overpayments, errors and fraud.
£5bn tax credits write-off looms
£5bn tax credits write-off looms. £5,000.000.000
Gordon Brown's 'shambolic' tax credits scheme has cost the taxpayer more than £5bn, new figures will show today.
GORDON BROWN: Tax credits were his flagship scheme
In the four years since the policy was introduced, the Government has already written off more than £2bn in overpayments.
At the same time the amount lost to fraud and error rose to £3bn last year. The Treasury is considering also writing off those losses, despite the cost to the public purse
Tax credits fiasco cost £6bn Working and Child Tax credits and Child Benefit Tax credits and allowances
Gordon Brown's 'shambolic' tax credits scheme has cost the taxpayer more than £5bn, new figures will show today.
GORDON BROWN: Tax credits were his flagship scheme
In the four years since the policy was introduced, the Government has already written off more than £2bn in overpayments.
At the same time the amount lost to fraud and error rose to £3bn last year. The Treasury is considering also writing off those losses, despite the cost to the public purse
Tax credits fiasco cost £6bn Working and Child Tax credits and Child Benefit Tax credits and allowances
Overhaul tax credits or miss key child poverty targets
Overhaul tax credits or miss key child poverty targets, Brown told.
· Citizens Advice calls for a 'radical rethink' of system· Almost half of tax credit payments were incorrect
Gordon Brown will miss crucial child poverty targets unless he signals, in his pre-budget report tomorrow, a complete overhaul of the troubled £14bn tax credits system, leading anti-poverty campaigners have warned the chancellor
.
In 2004-05, almost half of all payments were incorrect. Of the nearly 6.5 million families receiving them, almost 2 million were overpaid and then forced to pay the money back, while more than 900,000 were underpaid.
· Citizens Advice calls for a 'radical rethink' of system· Almost half of tax credit payments were incorrect
Gordon Brown will miss crucial child poverty targets unless he signals, in his pre-budget report tomorrow, a complete overhaul of the troubled £14bn tax credits system, leading anti-poverty campaigners have warned the chancellor
.
In 2004-05, almost half of all payments were incorrect. Of the nearly 6.5 million families receiving them, almost 2 million were overpaid and then forced to pay the money back, while more than 900,000 were underpaid.
Oral Answers to Questions — Treasury
House of Commons debates Thursday, 29 March 2007
Oral Answers to Questions — Treasury Tax Credits
Oral Answers to Questions — Treasury Tax Credits
Scandal as tax credits hit poor - The Star
TENS of thousands of hard-pressed South Yorkshire families were overpaid hundreds of pounds in tax credits for the third year running, says the Government.
New Treasury figures revealed 47,700 local families were overpaid £38.1m in 2005/06 - equivalent to £798 per family. The overpayments, which have beset the scheme since its introduction in 2003, are blamed for plunging the poorest households into financial crisis.
New Treasury figures revealed 47,700 local families were overpaid £38.1m in 2005/06 - equivalent to £798 per family. The overpayments, which have beset the scheme since its introduction in 2003, are blamed for plunging the poorest households into financial crisis.
New look Revenue/Customs saves cash
New look Revenue/Customs saves cash, just what impact will this have on those still waiting to resolve their Tax Credits??
Thursday, 10 July 2008
Friday, 13 June 2008
Voices of the Victims
£6,152,000,000
'Voices of the Victims' is a booklet of true stories, written by Tax Credit overpayment victims. It’s the first piece of qualitative research on Tax Credit overpayment and brings together nearly 40 cases in victims own words.
Not a 'selection' of the 'juiciest' stories, but a collection of tragic and heartbreaking truths that we collated on a first-come basis.
The 'victims' who volunteered their stories for inclusion in the booklet showed tremendous courage. Thank you!
Although the stories are tragic in themselves, an even bigger tragedy is the fact that this is only the very tip of a huge iceberg which continues to grow on a daily basis. Official HMRC figures show that, from 2003 until April 2007, there have been 7,030,000 claims overpaid by a total of £6,152,000,000. That is six billion, one-hundred and fifty-two million pounds! Statistics for 2007-2008 will probably not be released until May 2009, but you can expect the figures to increase by well over a million claimants, who have been overpaid by another one billion pounds.
The tragedies will continue to grow; lives ruined by HMRC oppression, which is backed-up by a Government in denial. Opposition MPs who attempt to get to the truth are 'misled' by evasive and convoluted answers given in Parliament, whilst the Party in power still refuse to listen - continuing to protect both their much needed 'fairy-tale' success and the Prime Minister's ego.
Download 'Voices of the Victims' here. (PDF Format)
http://www.taxcc.org/_docs/Voices%20of%20the%20Victims.pdf
Send it to your friends. Send it to your MP. Publicise it as much as you can. Tell the world!
'Voices of the Victims' is a booklet of true stories, written by Tax Credit overpayment victims. It’s the first piece of qualitative research on Tax Credit overpayment and brings together nearly 40 cases in victims own words.
Not a 'selection' of the 'juiciest' stories, but a collection of tragic and heartbreaking truths that we collated on a first-come basis.
The 'victims' who volunteered their stories for inclusion in the booklet showed tremendous courage. Thank you!
Although the stories are tragic in themselves, an even bigger tragedy is the fact that this is only the very tip of a huge iceberg which continues to grow on a daily basis. Official HMRC figures show that, from 2003 until April 2007, there have been 7,030,000 claims overpaid by a total of £6,152,000,000. That is six billion, one-hundred and fifty-two million pounds! Statistics for 2007-2008 will probably not be released until May 2009, but you can expect the figures to increase by well over a million claimants, who have been overpaid by another one billion pounds.
The tragedies will continue to grow; lives ruined by HMRC oppression, which is backed-up by a Government in denial. Opposition MPs who attempt to get to the truth are 'misled' by evasive and convoluted answers given in Parliament, whilst the Party in power still refuse to listen - continuing to protect both their much needed 'fairy-tale' success and the Prime Minister's ego.
Download 'Voices of the Victims' here. (PDF Format)
http://www.taxcc.org/_docs/Voices%20of%20the%20Victims.pdf
Send it to your friends. Send it to your MP. Publicise it as much as you can. Tell the world!
Monday, 21 April 2008
TAX CREDITS FIASCO GOES ON HAUNTING POOREST FAMILIES
TAX CREDITS FIASCO GOES ON HAUNTING POOREST FAMILIES
CASH-STRAPPED families all over Britain are continuing to face severe hardship due to the ongoing tax credits fiasco.
Gordon Brown’s flagship welfare reform, which was first introduced in 2003, pays out £17billion in tax credits to around six million families every year.
However, in 2005 the notoriously complex system was plunged into chaos after it emerged that administrative errors had led to the Government overpaying billions of pounds worth of child tax credit and working family tax credit....
CASH-STRAPPED families all over Britain are continuing to face severe hardship due to the ongoing tax credits fiasco.
Gordon Brown’s flagship welfare reform, which was first introduced in 2003, pays out £17billion in tax credits to around six million families every year.
However, in 2005 the notoriously complex system was plunged into chaos after it emerged that administrative errors had led to the Government overpaying billions of pounds worth of child tax credit and working family tax credit....
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