The cost of fraud amounts to almost twelve pence in the pound on income tax. It is the Tory Fraud Levy.
Tax cuts need to be at least twelve pence in the pound to even touch that cost and when the tax cuts are added onto the Tory Fraud Levy you get the amount that Public Services need to be cut by in order for the Tory Grifters to even attempt to break even.
Seems like a new government might want to prioritise recovering the money and making examples of the culprits.
If a working class person does something that isn’t currently illegal, but is against “the spirit of the tax rules”, then should HMRC ever turn its attention to that particular methodology, that person can expect a life-changing tax bill to appear on their doorstep.
Yet, this same logic doesn’t seem to apply to corrupt government officials.
I’d vote for any party that promised to retrospectively change the law in order to prosecute corruption to the maximum extent possible. Lay down a marker – if you engage in corrupt behaviour, then you may be safe for x years, but we’ll find a way to fuck you over at some point in the future no matter where in the world you flee to.
It was so easy to commit fraud during the pandemic. When I got my bounce back loan the process was tell them your turn over and get 25% of it as a loan. I did that for my main company. But I could have said any amount and I could have also done the same with my two dormant companies.
With furlough I could have claimed for myself and not just my wife. We were very careful that she didn’t do any work while claiming.
They should go after those that abused the system.
That’s fine. *Look over there, there’s dirty immigrant trans people, it’s their fault!*
Thank god the country is in such a healthy state financially with all services well funded and infrastructure for the future being built, otherwise I could easily imagine this being quite an issue.
Not lost deliberately siphoned into private pockets.
If only we could fill the potholes with wasted PPE supplies.
Fraud was rampant back then, people without 2 penny to pish together where taking out 50k covid loans. They where taking the cash and blowing it. I genuinely think that helped push up house prices at that time. There wasn’t nearly enough check weather these people could pay back.
So now we in a position how do you get blood out a stone. How do you make someone pay if they can’t pay there bill as is. Send them to jail that we need more for, make them pay. They probably end up at the job centre because what the point in working. What if they go bankrupt, are still going to chase them? I don’t see any easy solutions.
9 comments
The cost of fraud amounts to almost twelve pence in the pound on income tax. It is the Tory Fraud Levy.
Tax cuts need to be at least twelve pence in the pound to even touch that cost and when the tax cuts are added onto the Tory Fraud Levy you get the amount that Public Services need to be cut by in order for the Tory Grifters to even attempt to break even.
Seems like a new government might want to prioritise recovering the money and making examples of the culprits.
If a working class person does something that isn’t currently illegal, but is against “the spirit of the tax rules”, then should HMRC ever turn its attention to that particular methodology, that person can expect a life-changing tax bill to appear on their doorstep.
Yet, this same logic doesn’t seem to apply to corrupt government officials.
I’d vote for any party that promised to retrospectively change the law in order to prosecute corruption to the maximum extent possible. Lay down a marker – if you engage in corrupt behaviour, then you may be safe for x years, but we’ll find a way to fuck you over at some point in the future no matter where in the world you flee to.
It was so easy to commit fraud during the pandemic. When I got my bounce back loan the process was tell them your turn over and get 25% of it as a loan. I did that for my main company. But I could have said any amount and I could have also done the same with my two dormant companies.
With furlough I could have claimed for myself and not just my wife. We were very careful that she didn’t do any work while claiming.
They should go after those that abused the system.
That’s fine. *Look over there, there’s dirty immigrant trans people, it’s their fault!*
Thank god the country is in such a healthy state financially with all services well funded and infrastructure for the future being built, otherwise I could easily imagine this being quite an issue.
Not lost deliberately siphoned into private pockets.
If only we could fill the potholes with wasted PPE supplies.
Fraud was rampant back then, people without 2 penny to pish together where taking out 50k covid loans. They where taking the cash and blowing it. I genuinely think that helped push up house prices at that time. There wasn’t nearly enough check weather these people could pay back.
So now we in a position how do you get blood out a stone. How do you make someone pay if they can’t pay there bill as is. Send them to jail that we need more for, make them pay. They probably end up at the job centre because what the point in working. What if they go bankrupt, are still going to chase them? I don’t see any easy solutions.