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Oh dear: Tax credit costs spiral 10-fold

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    Oh dear: Tax credit costs spiral 10-fold

    BBC
    The costs of administering the tax credit system have risen from £36.1m to £403m in four years, Treasury figures have revealed.

    The statistics also show that 65.5m award notices have been issued in just over two years even though only six million households receive tax credits.
    Ten-to-one seems to be the norm for New Labour cost-to-estimate ratios. (Remember the scottish parliament building?)

    What was their estimate for ID cards?

    (edit to title as advised by milan)

    #2
    Re: Tax credit costs spiral 10-fold

    Wendigo, good post, this really qualifies as an oh dear

    please amend the title

    Milan.

    Comment


      #3
      65.5m award notices have been issued

      !!!!!
      OO
      !
      -----

      how many people live in/on these islands?

      Comment


        #4
        Re: 65.5m award notices have been issued

        > What was their estimate for ID cards?

        I think it was £97 each from HMG or £40 at the nearest carboot sale.

        Comment

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