{"id":8302,"date":"2015-10-20T17:07:39","date_gmt":"2015-10-20T10:07:39","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/tax-credits-what-are-they-and-who-benefits\/"},"modified":"2016-03-17T10:28:22","modified_gmt":"2016-03-17T03:28:22","slug":"tax-credits-what-are-they-and-who-benefits","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tax-credits-what-are-they-and-who-benefits\/","title":{"rendered":"Tax credits: what are they and who benefits?"},"content":{"rendered":"


\nAs Labour calls on Tory MPs to vote against George Osborne\u2019s proposals to change tax credits, we explore how they are currently set upTax credits are a mechanism to redistribute income to people on lower wages. There are two types: child tax credits, paid to families with children; and working tax credits, paid to people in work on lower incomes.More than 70% of families on tax credits are in work. All the 1.4 million out-of-work families claiming tax credits have children and receive child tax credits only. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Tax credits: what are they and who benefits?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

As Labour calls on Tory MPs to vote against George Osborne\u2019s proposals to change tax...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-8302","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-29U","jetpack-related-posts":[{"id":9790,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/factsheet-child-tax-credits-and-working-tax-credits\/","url_meta":{"origin":8302,"position":0},"title":"Factsheet: Child tax credits and working tax credits","date":"January 20, 2010","format":false,"excerpt":"\r Tax credits were designed to lift millions of families out of poverty, but the system has been plagued by errors and controversy since it was launched in 2003 by the then chancellor Gordon Brown.Problems with overpayments, errors and fraud have put many people off claiming the credits, but despite\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5530,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/plans-to-freeze-benefits-for-four-years-will-hit-7-million-children\/","url_meta":{"origin":8302,"position":1},"title":"Plans to freeze benefits for four years 'will hit 7 million children'","date":"February 23, 2016","format":false,"excerpt":"\r Government freeze on tax credits and jobseekers\u2019 allowance could cost families 12% of their benefits, says reportMore than 7 million children living in low-income families will be affected by a four-year freeze to their benefits that risks pushing many more into poverty, according to new research.A report by the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105943,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/senate-dems-attack-trump-tax-cuts-with-proposal-to-expand-tax-credits-for-children-and-poor-families\/","url_meta":{"origin":8302,"position":2},"title":"Senate Dems attack Trump tax cuts with proposal to expand tax credits for children and poor families","date":"April 10, 2019","format":false,"excerpt":"\r The plan doesn't include tax increases on the wealthy or corporations \u2014 measures embraced by several Democratic presidential candidates.\r \r Source : cnbc.com\r Read more...Senate Dems attack Trump tax cuts with proposal to expand tax credits for children and poor families","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45348,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tax-credits-everything-you-need-to-know\/","url_meta":{"origin":8302,"position":3},"title":"Tax credits \u2013 everything you need to know","date":"February 14, 2013","format":false,"excerpt":"\r Tax credits were designed to lift millions of families out of poverty, but the system is complex and not everyone claims that to which they are entitled.It is worth investigating if you are eligible, because if you are tax credits could benefit you and your family by thousands of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41098,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/grandparents-miss-out-on-tax-credits-that-could-boost-state-pension\/","url_meta":{"origin":8302,"position":4},"title":"Grandparents miss out on tax credits that could boost state pension","date":"January 18, 2017","format":false,"excerpt":"\r Little-known scheme could put thousands of pounds back into pensions of grandparents who take time off work to look after grandchildren under 12As many as 100,000 grandparents are missing out on national insurance credits that could boost their state pension by thousands of pounds over the course of their\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8934,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/welfare-cuts-are-now-becoming-a-matter-of-life-or-death-letters\/","url_meta":{"origin":8302,"position":5},"title":"Welfare cuts are now becoming a matter of life or death | Letters","date":"October 29, 2015","format":false,"excerpt":"\r Many of our clients, mostly families with young children, have followed the news on proposed cuts to tax credits in a state of dread (Report, 28 October); so the vote in the House of Lords is a respite. Last week we received a call from a disabled mother, who\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/8302"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=8302"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/8302\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=8302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=8302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=8302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}