tax credits

  • End of a Faustian pact: workfare and riots

    Issue 140 (Autumn 2011)
    article

    During the past three decades, Guy Standing argues, politicians struck a Faustian pact. In return for ‘labour market flexibility’, government would top up declining wages through subsidies and tax credits and redirect social protection from an emphasis on social solidarity and social insurance to means-tested social assistance. In the aftermath of rioting, they must now face the following fact: it is the economic policies they have supported that are a major cause of the underlying malaise.

  • Family budgets hit by ‘Bad Friday’ bombshell

    April 4, 2012
    press release

    Commenting on the multi-billion pound cuts set to hit ordinary families on Good Friday, the Chief Executive of Child Poverty Action Group, Alison Garnham, said:

    “This year’s holiday will feel more like ‘Bad Friday’ for millions of families as they come to terms with over £2 billion of cuts.

    “Some of the poorest working families will lose thousands of pounds from their annual income, leaving them in a desperate struggle to pay for basics like groceries, clothes and household bills.

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  • Family finances hit by £2.3 billion bombshell in April

    April 1, 2013
    press release

    Low income households will have their family finances hit by multiple cuts this month. The main cuts are:

    1. Bedroom Tax (housing benefit penalties for excess rooms in social sector) - £490m
    2. Council tax benefit localised and devolved budgets cut by 10% - £485m
    3. Local housing allowance annual uprate at CPI (instead of RPI) - £90m
    4. Benefit cap introduced - £290m
    5. Tax credit disregard for in-year increases reduced to £5,000 - £455m
    6. Working age benefits and tax credits: uprating capped at 1% - £505m

    Total losses - £2,315m

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  • February tax credits and early years ebulletin

    18 February 2015
    news

    Read our latest e-bulletin which includes: new factsheet; universal credit expansion; Tax-free childcare: increase for disabled children; Smith Commission; Caselaw; and more.

    Sign up to our e-bulletins here.

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  • First thoughts on the ‘National Living Wage’


    Share

    A substantial increase in the National Minimum Wage for over-25s (or National Living Wage, as Osborne’s re-badging has it) can only be a good thing for low-paid workers. It should be celebrated. That much, at least, is clear.

  • Latest tax credits ebulletin

    15 April 2016
    news

    Read our latest ebulletin which includes: Recovery of overpayments; Maternity and sickness; Caselaw; Q&A: Hardship payments due to in-year recovery; and more.

    Sign up to our ebulletins here.

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  • Latest tax credits and early years e-bulletin

    30 July 2014
    news

    Read our latest e-bulletin which includes: cascade training, factsheet, renewals - online option extended, statistics, caselaw, and more.

    Sign up to our ebulletins here.

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  • Latest tax credits and early years e-bulletin

    17 December 2014
    news

    Read our latest e-bulletin which includes: training; factsheets; Autumn Statement 2014; new rates from April 2015; penalties up and appeals down.

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  • Latest tax credits and early years ebulletin

    22 December 2015
    news

    Read our latest ebulletin which includes: factsheets; Tax credit rates from April 2016;  Early Warning System: Tax Credits Policy Bulletin;  Tax credits toolkit; and Q&A: Concentrix complaints.

    Sign up to our ebulletins here.

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  • Latest tax credits ebulletin

    28 February 2013
    news

    Read our latest ebulletin which looks at: loss of working tax credit for benefit offences; childcare and child poverty; fraud and error; caselaw; and more.

    Sign up to the e-bulletin here.

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