Welfare Tax Credits: Debt Collection
(asked on 9th October 2020) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how much his Department has spent on private debt collection agencies in (a) fees and (b) the proportion of funds collected for the purposes of recovering tax credit debts in each financial year since 2010-11.
The table below details HMRC’s spending on Debt Collection Agencies between 2010/11 and 2019/20.
None of the funds collected are used for the purpose of recovering tax credits. HMRC request funding from HMT through fiscal measures.
Total | % Spent on TC | |
2010-11 | £ 3.72m | 0.00% |
2011-12 | £ 11.08m | 0.00% |
2012-13 | £ 13.06m | 0.00% |
2013-14 | £ 9.34m | 11.61% |
2014-15 | £ 10.89m | 19.85% |
2015-16 | £ 16.77m | 31.59% |
2016-17 | £ 26.25m | 24.54% |
2017-18 | £ 32.10m | 20.50% |
2018-19 | £ 26.02m | 28.83% |
2019-20 | £ 26.16m | 24.03% |
Total | £ 175.39m | 20.16% |
Further information about payments to Integrated Debt Services Ltd, who manage the contract between HMRC and the Debt Collection Agencies contracted to act on HMRC’s behalf, is published on GOV.UK: https://www.gov.uk/government/collections/spending-over-25-000.