Thursday, January 11, 2007

Asset Non-recovery Agency

Given that VAT carousel fraud cost the UK taxpayer approximately £1.5bn last year and tax credit fraud cost a further £540m, how did the Asset Recovery Agency only manage to recover £8m, despite costing £60m to set up!?!

2 comments:

alfie said...

because the ARA is staffed by muppets. (along with their gold plated pensions)....

Naser-eddin said...

Because it was all a scheme to Acess the tax kitty. One has to ask how many criminals where involved from the offing..