Tax Credits (Pensioners)

Work and Pensions written question – answered on 12th November 2001.

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Photo of Mr Roger Casale Mr Roger Casale Labour, Wimbledon

To ask the Secretary of State for Work and Pensions what further plans he has to introduce tax credits for pensioners.

Photo of Ian McCartney Ian McCartney Minister for pensions, Department for Work and Pensions

As announced in the Gracious Address, the Government will introduce a Bill to provide for Pension Credit in this session.

The Pension Credit forms a key part of the Government's overall strategy for tackling pensioner poverty.

When introduced in 2003 it will mean that no single pensioner need live on less than £100 a week and no pensioner couple need live on less than £154 a week.

Around half of all pensioners will gain as a result of the introduction of the Credit.

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