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Tax Credits

 
With tax credits coming under attack from all sides Robin Williamson and John Andrews of the Low Incomes Tax Reform Group ask whether the beleaguered system still has a future?
 
Tax credits have again been in the news with the National Audit Office qualifying HMRC's accounts in relation to tax credits for the third year in a row and the House of Commons Public Accounts Committee adding to the weight of critical comment. In the last few weeks the Treasury Sub-Committee has subjected senior HMRC officials and the Paymaster-General to lively questioning and announced a new enquiry into the administration of tax credits.
 
Meanwhile Government continues to aver that six million families are benefiting from the most generous system of work incentives and child support ever devised;...

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