Tax Credits

Part of Oral Answers to Questions — Treasury – in the House of Commons at 10:30 am on 1st March 2007.

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Photo of Dawn Primarolo Dawn Primarolo Paymaster General (HM Treasury) 10:30 am, 1st March 2007

I can confirm to my hon. Friend that the introduction of the changes that are now operational this year will have an impact on overpayments, as will the shortening of the period for renewal of tax credits, which was completed last year; it will be shortened again this year. I am sure that he would want to welcome the fact that, because of the tax credits, a family with two children do not start paying tax until they are earning £12,800 a year, or £420 a week. That has made an enormous contribution to reducing poverty, helping people into work and reducing the tax burden on the poorest families.

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Brian Robinson
Posted on 3 Mar 2007 11:25 pm (Report this annotation)

Someone buy her a calculator! £12800 is not £420 per week.

R Kalia
Posted on 11 Mar 2007 1:11 pm (Report this annotation)

Remove the tax burden from poor families. You're already milking businesses for 50% of everything and you have the audasity to tax poor families. Next thing, you'll be asking the homeless to pay council tax for sleeping on the streets.