Robert Flello
Main Page: Robert Flello (Labour - Stoke-on-Trent South)Department Debates - View all Robert Flello's debates with the HM Treasury
(12 years ago)
Commons ChamberT8. Will those on the Treasury Bench tell us the expected cost to HMRC in, for example, extra staffing and IT support of dealing with the massive number of extra self-assessment returns—it is estimated at around 500,000—that will result from child benefit changes?
The cost of implementation of the child benefit policy will be £100 million over five years, but it will bring in £1.7 billion in the first year. I should also point out that the likelihood is that the number of people in self-assessment next year will be no higher than the number in self-assessment last year.