All losses incurred by the Home Office during the last five years have been managed by the Department within the scope of authorities delegated by the Treasury. Current thresholds for losses agreed with the Treasury are:
Loss (£) Write-offs 25,000,000 Bad debts 10,000,000 Fraud/theft 50,000 Abandoned/waived claims 50,000 Penalties under the Immigration Act 1987 50,000
The overall level of losses incurred by the Home Office in any one year is reported in its Resource Accounts.