Cost estimates are based on Government 2005 salary rates and other 2005 costs using assumptions that the Commission believes are reasonable. Costs would likely increase annually to reflect inflation. Initial and capital costs are one-off start up costs that would likely be incurred in the first or second year following independence. Where the Commission has identified costs that would be incurred in the event Bermuda decided to go independent and there was no specific cost information available, the Commission has made a provision for these costs in order to provide the readers with an estimate of compete costs.