Treasury written question – answered at on 17 October 2005.
To ask the Chancellor of the Exchequer what the cost to the Treasury of administering child tax credit was in each year since itwas established.
The cost of managing and paying the child and working tax credits in the financial year 2003–04 appear in note 3 to the Trust Statement in the Inland Revenue Annual Report and Accounts for 2003–04. The same costs for the financial year 2004–05 appear in note 3 to the Trust Statement in the Inland Revenue Annual Report and Accounts for 2004–05. Figures for 2005–06 will not be available until the Trust Statement for that year is released.
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