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HMRC publish Fraud & Error Statistics for Tax Credits

Posted: June 21, 2018

hmrc stat june 18 2 - HMRC publish Fraud & Error Statistics for Tax CreditsHMRC have published statistics relating to the level of fraud and error in the Tax Credit system for 2016/17. Figures suggest that 4.9% of total entitlement is lost to fraud and error in favour of the claimants – estimated to equate to £1.32 bn. This is reduced from around 9% of the total in 2007/2008.

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