It looks like more money is going to have to be written off due to overpayments on the tax credit system. This time they think it is going to be £1.4 billion. I’m going to say that again in case anyone missed it the first time £1.4 billion.
Now I don’t want to quibble with the Treasury about every pound that goes missing, and I understand that there will always be a fair amount of waste in government but I don’t think I am exadurating when I say that it is going to take Gordon a bit more than a quick rummage down the back of the sofa to make up that kind of loss.
BBC article
Tax credits were one of the flagship systems introduced in the last ten years and seem to have been a source of fraud, incompetence and heartache ever since.
Next up from the government that brought you tax credits, ID cards.
Well, nothing could go wrong there…right?
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