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The committee has called for "bold and ambitious leadership" to improve its customer services, and better tackle tax system abuse and unpaid debts. In 2023-24, HMRC wrote off £5bn in debts as ...
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His Majesty's Revenue and Customs (commonly HM Revenue and Customs, or HMRC) [4] [5] is a non-ministerial department of the UK government responsible for the collection of taxes, the payment of some forms of state support, the administration of other regulatory regimes including the national minimum wage and the issuance of national insurance numbers.
There have been many criticisms of the delivery of tax credits and the handling of overpayment disputes [11] [12] [13] Criticisms have centred on: • That the dispute process is not independently adjudicated. • The number of HMRC errors claimants are expected to spot. • The level of understanding of tax law HMRC assumed claimants would have.
The Working Tax Credit (WTC) and the Child Tax Credit (CTC) are made up of "elements" related to individual circumstances. Examples of elements for an entire year are: [5] a basic element of £1,890 payable to everyone (in 2009/2010) a couple and lone parent element (£1,860) a 30 hour [working week] element (£775)
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The Tax Credits Act 2002 (c. 21) was a British act of Parliament passed by the Labour Government at the time, led by Prime Minister Tony Blair. The act established the administrative framework for the implementation of tax credits and sets out who is entitled to tax credits.