TAX CREDITS
- Session: 2005-06
- Date tabled: 07.06.2005
- Primary sponsor:
- Sponsors:
That this House notes statistics recently published by Revenue and Customs showing that a third of all tax credits are overpaid; finds this level of overpayment to be unacceptable and calls on Revenue and Customs to clarify what proportion of overpayments were due to official error; further notes that this has resulted in nearly two million families having to repay on average over £1,000 each; is particularly concerned at the detrimental effect that this will have on low income families trying to manage a budget; believes that the policy of reassessing income at the end of the award should be revised; and calls on Revenue and Customs to improve both its communication with families involved and its procedure for recovery of overpayments when this is necessary.