Some interesting stats re Tax Credits:
2003-2004
There were 5,670,000 claims for Tax Credits.
1,879,000 claims were overpaid by a total of £1,931,000,000.
That's 33.14% of all claims OVERPAID.
2004-2005
There were 6,458,000 claims for Tax Credits.
1,958,000 claims were overpaid by a total of £1,695,000,000.
That's 30.32% of all claims OVERPAID.
2005-2006
There were 6,480,000 claims for Tax Credits.
1,902,000 claims were overpaid by a total of £1,573,000,000.
That's 29.32% of all claims OVERPAID.
I guess if anyone is caught up in this mess and also they are going through an IVA, only complications can follow.