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!?!

1 comment:

Alfie said...

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