Did you mean tax credit?
Jo Churchill: ...broad range of NHS prescription charge exemptions are in place to help those with greatest need. Eligibility for these exemptions is dependent on whether people receive certain qualifying benefits, tax credits, or a war pension, whether they are pregnant or have recently had a baby, their age, whether they are in qualifying full-time education or have a qualifying medical condition. If...
Paul Maynard: No such assessment has been made. There is a range of support for pensioners aged over 80. These include Pension Credit which can top up a pensioner’s income to a minimum of £201.05 a week for single pensioners and £306.85 for couples and provides a gateway to other benefits that help with rent, council tax reduction schemes, heating costs and, for the over 75s, a free television...
Ben Lake: ...ask the Secretary of State for Work and Pensions, how many people are in receipt of payments from the (a) War Pensions and (b) Armed Forces Compensation Scheme are also in receipt of (i) Universal Credit, (ii) Child Tax Support, (iii) Income Support, (iv) Income-based Jobseeker’s Allowance, (v) Income-related Employment and Support Allowance, (vi) Working Tax Credit and (vii) Pension Credit.
Jo Churchill: ...more people can access targeted online guidance regarding their finances, health and career. At Spring Budget 2023, the Government also announced that it would make changes to the limits on tax-relieved pension savings, abolishing the lifetime allowance and increasing the annual allowance from £40,000 to £60,000. These changes will help incentivise highly skilled and highly experienced...
Lord Sherbourne of Didsbury: ..., housing and communities. Of course, government spending is still outstripping government revenue, so each year we go on adding to our total national debt. Imagine you have built up a huge credit card bill and that you cannot pay the interest, so you have to borrow to pay. That adds more to your debt and eventually the bank is going to say that you cannot go on borrowing. Germany is...
Relevant benefits 16 In this Schedule “relevant benefit” means any of the following— (a) a relevant social security benefit as defined in section 121DA(7); (b) a child tax credit or working tax credit under the Tax Credits Act 2002; (c) a payment, as mentioned in subsection (2)(d) of section 2 of the Employment and Training Act 1973, under arrangements made under that section. Accounts...
Relevant benefits 16 In this Schedule “relevant benefit” means any of the following— (a) a relevant social security benefit as defined in section 115CA(7); (b) a child tax credit or working tax credit under the Tax Credits Act 2002; (c) a payment, as mentioned in subsection (1A)(d) of section 1 of the Employment and Training Act (Northern Ireland) 1950, under arrangements made under...
Chris Bryant: ...I note that the Minister was unable to answer the question properly, is that it includes the bank accounts of anyone in the UK in receipt, or having been in receipt, of state pension, universal credit, working tax credit, child tax credit, child benefit, pension credit, jobseeker’s allowance or personal independence payment. The Minister says that the Government do not intend to go down...
Ben Lake: ...War Pensions and Armed Forces Compensation schemes as income from (i) Income Support, (ii) Income-based Jobseeker’s Allowance, (iii) Income-related Employment and Support Allowance, (iv) Working Tax Credit, and (v) Pension Credit.
Paul Maynard: ...own benefits data to assess 91% of Paying Parents earned income and benefit status, which are key parts of the maintenance calculation. We also receive evidence of income directly from Universal Credit where a customer is in receipt of Universal Credit with earnings. Primarily, calculations are based on historic income amounts from the latest available tax year, provided via interface by...
Nigel Huddleston: ...these cuts, we are raising the national living wage by 9.8% to £11.44 an hour and, of course, we are cutting the main rate of employee national insurance by two percentage points, giving a tax cut to 27 million workers. The Opposition may not appreciate that, but I assure them that their constituents do. These measures will create work, get people into work and make sure that work is...
...in the practice of the House relating to the matters that may be included in Finance Bills) provision (including provision having retrospective effect) may be made about relief from corporation tax (including by way of the payment of credits) in respect of expenditure on research and development.
..., That (notwithstanding anything to the contrary in the practice of the House relating to the matters that may be included in Finance Bills) provision may be made for the purposes of corporation tax about companies producing films, television programmes or video games, including provision for the payment of credits in respect of expenditure on the production of those things ana provision...
Nigel Huddleston: The table below shows the total number of applications received for Specified Adult Childcare (SAC) credits in each of the last three years, and numbers that are approved and rejected. Applications for SAC credits can be made from the October following the tax year being applied for. An application for SAC credits can only be successful where there is a claim for Child Benefit and all other...
Jo Churchill: HM Revenue & Customs (HMRC) do not provide information to the Universal Credit system. The administration of National Insurance Credits is a HMRC function, but every tax year the Department for Work and Pensions sends data on Universal Credit claim dates to HMRC to enable them to apply credits to claimant records. DWP has corrected the Universal Credit data issues for all the cases impacted...
Paul Maynard: ...10.1%. The full weekly Category D State Pension is now £93.60 per week. In addition, a range of other measures and benefits are available to pensioners aged 80 and over. These include Pension Credit which can top up a pensioner’s income to a minimum of £201.05 a week for single pensioners and £306.85 for couples and provide access to a range of other benefits such as help with...
Kemi Badenoch: ...announced by the Prime Minister and President Biden in June, to enable those minerals extracted or processed in the UK to count toward sourcing requirements for clean vehicles eligible for tax credits under the US Inflation Reduction Act. The establishment of an industry forum, supported by a Call for Evidence, on access to finance for manufacturers to identify the market failures,...
Wera Hobhouse: ...and the EU’s green industrial plan will see a combined $670 billion of green investment. Even Canada, an economy smaller than ours, announced a package that offers nearly £50 billion-worth of tax credits for clean technologies. This autumn statement was an opportunity to equal the ambition of our international partners, but the Chancellor is explicit that the UK will not match the...
Bim Afolami: I will not. Members may wonder how we are able to cut taxes and bring our debt down at the same time in a fiscally responsible way. We are able to do it because we back British business. There are over 100 growth measures in this autumn statement. The policy of full expensing means that for every pound that our businesses are able to invest, they will get 25p off their tax bill. There are...
Drew Hendry: ...on and people need help now. The economy, far from the cry of the Chancellor, is stagnating. On his watch, it is growing by nothing more than a sliver of a percentage. The Chancellor tries to take credit for things that he should be doing anyway and that the Government promised, or things they have already done and that they are now taking backwards steps on. I will come on to that in more...