2014-15 only Tower Hamlets, Hackney, Birmingham, Bradford and Luton paid out a higher average rate of tax credit than Oldham

May 2016 new geographical statistics release from HM Revenue & Customs shows that in the financial year 2014-15 Oldham paid out over one hundred and seventy million in tax credits or to be more precise £170,223,000. This ludicrous free money bonanza which rewards people for having children is driving Oldham’s culture of the highest birth rates in Greater Manchester, its record levels of unskilled high fertility migrants currently increasing in number every single year and Oldham’s position of having the lowest average pay in Greater Manchester for eleven consecutive years. Is it any wonder the Labour party who introduced tax credits constantly defend the national level of expenditure without ever divulging the costs at the local level when their core voters so clearly use it to underpin lifestyle choices? Oldham’s average annual tax credit payment was 10.2% higher than the average for the other nine Greater Manchester local authorities. Oldham’s average annual tax credit payment was the sixth highest in the UK after Tower Hamlets, Hackney, Birmingham, Bradford and Luton.

Tax credits dinalised awards 2014-15

Tax credits dinalised awards 2014-15

 

Statistics available for download from the UK government website