The Coalition states the bedroom tax policy saves £500m per year and to date has saved £830m since it began on 1 April 2013, writes Joe Halewood in his blog.
This was stated again this week in the Opposition Day debate in Parliament and, critically, was not challenged.
I say that this claimed saving is untrue and cannot be true – and my view comes from a very simple hypothesis, being: If the bedroom tax saved money, as the government claims, then the overall HB bill would have fallen, all other things being equal.
Taking inflation into consideration and taking the relative claimant counts into consideration the ACTUAL like for like overall HB bill has increased by an exact amount of £357,061.45p between 11 April 2013 and 14 August 2014.
£357k is not a lot of money, yet it is an INCREASE.
Read his explanation on the SPeye Joe blog.
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