Annual report from the Commissioners for HMRC to the Treasury on Tax Credits under Section 40 of the Tax Credits Act 2002.
HM Revenue & Customs are required under section 40 of the Tax Credits Act 2002 to provide an annual report to the Treasury on:
- the number of awards for Child Tax Credit and Working Tax Credit
- the number of enquiries conducted under section 19
- the number of penalties imposed under Part 1
- the number of prosecutions and convictions for offences connected with tax credits