Commentary on Sections Part 5: Social security: General Section 120: Loss of tax credits
615.Section 120 inserts various loss of tax credit provisions into the TCA 2002. The purpose of this section is to allow a more uniform imposition of penalties following convictions for benefits and tax credits fraud. The new provisions inserted into the TCA 2002 follow the loss of benefits regime under the SSFA 2001 (as amended by sections 117, 118, 119 and 121).