The Treasury figures from documents quietly published on the HMRC website last week show only 26% will be recovered. Photo: UK Government.
The Treasury figures from documents quietly published on the HMRC website last week show only 26% will be recovered. Photo: UK Government.

New figures, published today by Mansfield Labour, reveal the staggering cost of the Chancellor’s fraud write-off to families across Mansfield.

This week Rishi Sunak, the Conservative Chancellor, announced he was writing off a staggering £4.3bn in Covid fraud – the equivalent of 128,000 nurses salaries, 146,000 police officers, or 1 and a half QE class aircraft carriers.

That’s the equivalent of £156 per household wasted on fraud alone. Across Mansfield that is £7.7m.

Publishing the analysis Mansfield Labour’s Craig Whitby said,

“Families in Mansfield are facing a cost of living crisis – thanks in no small part to this government. The Conservatives are the party of high tax because they are the party of low growth. That means higher National Insurance, cuts to support for working families, and they want every council in the country to raise council tax as well.

“Now we know that while they are hammering people in Mansfield with higher tax and lower support they are – at the very same time – happy to write off more than £4bn in fraud. That’s 49,100 across Mansfield – it’s nothing short of outrageous.

“Whether it is lockdown parties in Downing Street or raising taxes for us while fraudsters get off scot free – this Conservative Government are taking us for fools.”

Labour’s Shadow Chancellor Rachel Reeves said,

“While prices soar, billions in hard-earned taxpayer cash has been frittered away by fraud — and the chancellor is happy to shrug his shoulders and lose it forever.

“Labour will treat every pound of taxpayers’ money with the respect it deserves. Government should be able to get money to the right places, without losing billions in taxpayers’ cash.”

ENDS


Notes to editors:

Families in Mansfield have contributed a combined £7,659,600 to the fraud write-off. £4.3bn is the equivalent of £156 per household. There are 49,100 households in Mansfield.
Link to data

The Chancellor has this week revealed he has written off £4.3bn in Covid fraud
https://www.dailymail.co.uk/news/article-10410325/Treasury-writes-4-3bn-taken-fraudsters-furlough-business-support-lockdown.html

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