WM Magazine

Articles tagged with tax credits

MPs back 1% cap on benefits 

MPs back 1% cap on benefits 

The House of Commons has voted to increase benefits such as maternity allowance and tax credits by only 1% until 2016.…

Discussion: 0 comments

Read Story

Duncan Smith lambasts tax credits

Duncan Smith lambasts tax credits

The work and pensions secretary Iain Duncan Smith has launched an attack on tax credits, saying they have created "a sorry story of dependency, wasted taxpayers' money and fraud".…

Discussion: 0 comments

Read Story

Related tags: Tax credits

Working families most hit by Autumn Statement, says think tank

Working families most hit by Autumn Statement, says think tank

The majority of cuts to benefit and tax credits announced in the Chancellor's Autumn Statement will fall on working households, warns independent think-tank the Resolution Foundation.…

Discussion: 0 comments

Read Story

6.1 million working households in poverty

6.1 million working households in poverty

Over six million people are in working households in poverty, higher than the 5.1m who are not in work, according to a new Joseph Rowntree Foundation (JRF) report.…

Discussion: 0 comments

Read Story

Means testing approach to childcare costs 'doesn't work'

Means testing approach to childcare costs 'doesn't work'

High childcare costs mean that a woman working full-time could bring home as little as £4 a week in extra pay, according to a report by the Resolution Foundation.…

Discussion: 0 comments

Read Story