Articles tagged with tax credits
Tax credit cuts which start today will reduce the gains to work for single parents by an average £500 per year, according to research from single parents charity Gingerbread. …
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Families will lose an average £200 a year from tax increases and benefit cuts due in April and 750,000 people will start paying higher rate tax, according to the Institute for Fiscal Studies.…
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New parents and babies will bear the brunt of cuts to support for families, with the poorest families losing up to £1,735 of support for new babies and middle income families losing thousands in financial support for new children, says the Family Action charity.…
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Government plans to replace most means-tested benefits and tax credits for working-age adults with a single benefit will weaken incentives for higher earners and dual-earning couples to work, according to an analysis by the Institiute for Fiscal Studies.…
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Child poverty is expected to rise in the coming year and in 2013-14, according to projections funded by the Joseph Rowntree Foundation and published today by the IFS.…
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