Showing posts with label Tax Credits. Show all posts
Showing posts with label Tax Credits. Show all posts

Tuesday, October 09, 2007

Another Feartie cock-up

It appears the Tax Credit system is causing unnecessary distress and hardship to the poorest families it was designed to help.

That's probably an understatement, I know of more than a few families who no longer claim for Tax Credit' because of the number of problems they have had with the system. Maybe this was Broon's idea of saving money for the government, another part of his "Vision" for Britain.

In case you had forgotten Tax Creditswere introduced in 2003 as part of a drive by then-Chancellor Brown to reduce poverty, but has been dogged with problems, not least because of its built-in requirement to claim back many of its payments.

As well as this it has cost the Tax Payer about 2bn because of poor administration and overpayment of some 6bn.

According to the Parliamentary Ombudsman more than a quarter of all complaints received from the public were about the tax credit system, run by HM Revenue and Customs (HMRC).

Scotsman.com News - Latest News - UK - Watchdog attacks "harsh" tax credit system

Wednesday, February 14, 2007

Little benefit for working single mothers


The Telegraph has the following to say on the benefits system in the UK.

Labour's tax and benefits system makes it more lucrative for single mothers to stay on state handouts than return to work, according to research from the world's chief economic and social authority.

In a major blow to Gordon Brown's reputation, the Organisation for Economic Co-operation and Development indicated that Britain has the Western world's biggest benefits trap.


So basically you are better off on benefits rather than working. What incentive is this to anyone to get out and work?

George Osborne the shadow Chancellor had the following to say.

"Ten years ago Gordon Brown came into office promising to make work pay. Here is the proof that, a decade on, his whole approach has failed and we need a new alternative."




Little benefit for working single mothers