Auditors have called for improvements to how government manages the welfare cap after finding that failure to account correctly for the impact of tax credit cuts led to errors in last summer’s...
Work and pensions committee chair Frank Field has written to chancellor George Osborne to urge him to publish a five-year impact assessment of the government’s proposed tax credit changes,...
Chancellor George Osborne has said the Treasury will look at ways of compensating people who are set to lose out through tax credit changes after the House of Lords yesterday voted to stall the...
The Treasury has defended controversial proposals to further cut spending on tax credits, saying reforms introduced since 2010 are projected to save £15bn by 2016/17.
David Cameron has today pledged to end the “merry-go-round” of low-paid workers having their wages taxed but then receiving in-work benefits such as tax credits.
