Reply to post: Re: HMRC Copy, paste and send this

Don't tell the Cabinet Office: HMRC is building its own online ID system

John Brown (no body) Silver badge

Re: HMRC Copy, paste and send this

"On a positive note, £1.3Bn overhead to raise £1Bn - HMRC are starting to get better. Soon they will be down to just £1.05Bn costs to raise £1Bn."

To be fair, the claim is that a one-off dev cost of £1.3B will then annually generate an extra £1B of tax revenue.

Of course, we all are aware of the accuracy of Govt. estimates and time scales. It'll probably cost at least double and only raise £250M annually. if it works at all. Assuming it does, that an ROI period of more like 5 years instead of the estimated 14 or so months.

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