Exclusive: tax credit reform leaves low-paid facing tax rates of up to 93% – Spectator.co.uk (blog)

Exclusive: tax credit reform leaves low-paid facing tax rates of up to 93% – Spectator.co.uk (blog)
Spectator.co.uk (blog)Exclusive: tax credit reform leaves low-paid facing tax rates of up to 93%Spectator.co.uk (blog)As the House of Lords debates the tax credit cuts, a significant new piece of information has come to light. The government initially suggested that, in the vast majority of cases, its minimum wage increase and higher tax allowance would compensate for …Tax credits: ‘Osborne may soften cuts impact if Lords express regret’The GuardianMinister warns peers not to block tax credit plansFinancial TimesTax credit cuts: Labour and Lib Dems split on how to stop ConservativesThe IndependentThe Guardian (blog) -Daily Mail -BBC Newsall 394 news articles »
Exclusive: tax credit reform leaves low-paid facing tax rates of up to 93% – Spectator.co.uk (blog)