WM Magazine

Articles tagged with tax credits

Benefits cap introduced

Benefits cap introduced

A benefit cap comes into effect in four London boroughs today and limits benefits claims for families to £500 a week while below inflation rises in banefits and tax credits are also introduced.…

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Poorest working families 'miss out' on extra childcare support

Poorest working families 'miss out' on extra childcare support

The poorest families will miss out on extra childcare support announced in the Budget because they earn too little to pay tax, according to the Resolution Foundation think tank.…

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Report predicts decade of squeeze for middle and low income families

Report predicts decade of squeeze for middle and low income families

Britain’s low to middle income families may have to wait a decade before their living standards return to pre-recession levels, according to a report by the Resolution Foundation.…

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Child poverty target 'skewed against working families'

Child poverty target 'skewed against working families'

The Government needs to examine how billions being spent on tax credits could be used more effectively to tackle the root causes of child poverty which has been underestimated, according to a new report by the think tank Policy Exchange.…

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Tax credit and benefits cuts 'will force 200,000 children into poverty'

Tax credit and benefits cuts 'will force 200,000 children into poverty'

Below inflation increases in tax credits and benefits will push 200,000 children into relative income poverty, according to a government answer to a parliamentary question.…

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