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Tax credits changes

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The House of Commons approved changes set out in the draft Tax Credits (Income Thresholds and Determination of Rates) (Amendment) Regulations 2015, which effect changes to certain thresholds and taper rates of tax credits with effect from April 2016.

The House of Commons approved changes set out in the draft Tax Credits (Income Thresholds and Determination of Rates) (Amendment) Regulations 2015, which effect changes to certain thresholds and taper rates of tax credits with effect from April 2016. For a reference guide on the changes, published by the Low Incomes Tax Reform Group, see www.bit.ly/1NOguWJ.

Issue: 1278
Categories: News
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