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New Clause 15 - Repeal of Tax Credits Regulations 2015

Part of Welfare Reform and Work Bill – in a Public Bill Committee at 10:00 am on 20th October 2015.

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Photo of Priti Patel Priti Patel Minister of State (Department for Work and Pensions) 10:00 am, 20th October 2015

I will restate my point. Nine in 10 families with children were eligible for tax credits. That was reduced to six in 10 in 2010 following the coalition’s reform in the last Parliament. The present reforms will reduce that and take tax credit spending back to where it was in 2008 and not, as Opposition Members suggest, to a world without tax credits. Alongside the tax credits changes, we are introducing the national living wage, which, we have clearly heard, Opposition parties do not support. That will be worth more than £9 an hour by 2020.