{"id":9670,"date":"2013-02-14T09:05:00","date_gmt":"2013-02-14T09:05:00","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=614e2aadc328e79e60b25d4116a2ed0f"},"modified":"2013-02-14T09:05:00","modified_gmt":"2013-02-14T09:05:00","slug":"tax-credits-not-achieving-value-for-money-2","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=9670","title":{"rendered":"Tax credits not achieving value for money"},"content":{"rendered":"<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\" property=\"content:encoded\">\n<p>HMRC are still not achieving value for money from tax credits, having failed to effectively manage losses from fraud and error, according to a report from the National Audit Office (NAO).<\/p>\n<p>The Revenue announced in 2009 its aim to tackle the issues so that they would account for just 5% of losses by 2010\/11 \u2013 but the department missed the target by more than three percentage points worth around \u00a3850m.<\/p>\n<p>A sustainable reduction has yet to be made, notes the <strong><a href=\"http:\/\/www.taxation.co.uk\/taxation\/files\/Tackling tax credits error and fraud_P1.pdf\" >new NAO document<\/a><\/strong>, although the taxman has made improvements to the approach for combating dishonesty and inaccuracy in the tax credits system.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>HMRC are still not achieving value for money from tax credits, having failed to effectively manage losses from fraud and error, according to a report from the National Audit Office (NAO).<br \/>\nThe Revenue announced in 2009 its aim to tackle the issues so th&#8230;<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/9670"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9670"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/9670\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}