Marc Barham
May 16, 2024

--

Good piece Mick.

So to get some perspective, benefit fraud represents 2% of the estimated total annual fraud in the UK. Public sector fraud, which includes benefit fraud, is £20.3 billion a year, so within this category it accounts for just under 8%. The majority of this £20 billion is tax fraud which costs the economy £14 billion annually, or 69%. So we can see that both in absolute and percentage terms tax fraud is a much bigger issue than benefit fraud. In fact, out of all the categories of fraud calculated by the UK Government, benefit fraud is the second lowest. Only identity fraud which costs individuals £1.4billion a year comes below it.

--

--

Marc Barham
Marc Barham

Written by Marc Barham

Column @ timetravelnexus.com on iconic books, TV shows/films: Time Travel Peregrinations. Reviewed all episodes of ‘Dark’ @ site. https://linktr.ee/marcbarham64

Responses (1)