Thursday 28 October 2010

It's that time of year again...

Our welfare system is so heinously complicated that it takes the Department of Work and Pensions months to work out how all the main benefits interact in order to publish their annual "Tax Benefit Model Tables".

The Tables for the year 2009-10 weren't published until 15 October 2009, and there's no sign of this year's version yet, even though the new rates and allowances have all been in force since 6 April 2010 or thereabouts.

2 comments:

AntiCitizenOne said...

As opposed to...

Here's your citizens dividend.

a)How much is your house worth to you?
b)How much is it to insure to rebuild it?

Take 7% of a takeaway b and send the crown that.

Mark Wadsworth said...

AC1, actually the rate would have to be about 8% because for political reasons we'd have to exempt pensioners.