Wednesday, May 09, 2007

Tax credit not where it's due

How would the Conservative Party reform Gordon Brown's disastrous tax credits scheme?

The government has introduced a new rule from the start of this tax year. This means that the threshold for notifying HMRC of any increase during the financial year has risen to £25,000.
"Once these measures are fully implemented they are expected to reduce overpayments by a further third," the HMRC said.


It should never be acceptable for HM Revenue & Customs to reduce overpayments merely by moving the goalposts further away. Tragically, it seems to be a typical public sector response to failure on a grand scale.

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