Welfare Tax Credits: Older People

HM Treasury written question – answered on 9th November 2015.

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Photo of Owen Smith Owen Smith Shadow Secretary of State for Work and Pensions

To ask Mr Chancellor of the Exchequer, what estimate he has made of how many people over the age of 55 are likely to be affected by the Government's changes to tax credits.

Photo of Damian Hinds Damian Hinds The Exchequer Secretary

This information is not available.

This Government is committed to moving from a high welfare, high tax, low wage economy to a lower welfare, lower tax, higher wage society. As the Chancellor has made clear, the Government will set out at Autumn Statement how we plan to achieve the same goal of reforming tax credits, saving the money we need to save to secure our economy, while at the same time helping in the transition.

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