Property News · February 8, 2016

Tax credit cuts that escaped Osborne's U-turn to hit 800,000 workers


Labour condemns little-noticed change, known as ‘income-rise disregard’, which on average will cost £200-£300 a person and was blocked by LordsAbout 800,000 people will still be hit by tax credit cuts from April because of a little-noticed change that survived the government’s controversial U-turn on the policy last year.Labour said the scale of those affected by the cut would come as a surprise to those who thought the chancellor had abandoned attempts to reduce tax credits under pressure from the opposition and some Tory MPs. Continue reading…

Source : theguardian.com
Read more…Tax credit cuts that escaped Osborne’s U-turn to hit 800,000 workers

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