Asked by: Owen Smith (Labour - Pontypridd)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, when he plans to publish an equality assessment of the Government's changes to tax credits.
Answered by Damian Hinds
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.
The Government carefully considers all relevant legal obligations – including the equalities duty – when formulating welfare policy.
Asked by: Owen Smith (Labour - Pontypridd)
Question to the HM Treasury:
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.
Answered by Damian Hinds
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.
Asked by: Owen Smith (Labour - Pontypridd)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what estimate he has made of how many households are likely to be negatively affected by the measures announced in the Summer Budget 2015.
Answered by Damian Hinds
The Government is committed to achieving a higher wage, lower tax, lower welfare economy. That means more emphasis on support to working families on low incomes through reducing tax and increasing wages, than on topping up low wages through tax credits.
The Chancellor is listening to concerns raised by colleagues and will announce in his Autumn Statement how he plans to achieve the same goal of reforming tax credits and saving the money we need to secure our economy, while at the same time helping in the transition.
Asked by: Owen Smith (Labour - Pontypridd)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what estimate he has made of how many working households including people under 25 are likely to lose income as a result of changes he has announced to tax credits.
Answered by Damian Hinds
The Government is committed to achieving a higher wage, lower tax, lower welfare economy. That means more emphasis on support to working families on low incomes through reducing tax and increasing wages, than on topping up low wages through tax credits.
The Chancellor is listening to concerns raised by colleagues and will announce in his Autumn Statement how he plans to achieve the same goal of reforming tax credits and saving the money we need to secure our economy, while at the same time helping in the transition.
Asked by: Owen Smith (Labour - Pontypridd)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, when he plans to reply to the letter from the hon. Member for Pontypridd of 9 October 2015 on the cumulative effect on working families of his reforms to tax credits and benefits.
Answered by Damian Hinds
I have replied to the hon member.
Asked by: Owen Smith (Labour - Pontypridd)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many people aged 18 to 21 in receipt of housing benefit also received tax credits in the most recent period for which figures are available; and what assessment he has made of the effect on those people of planned reforms to tax credit.
Answered by Damian Hinds
The Government is committed to achieving a higher wage, lower tax, lower welfare economy. That means more emphasis on support to working families on low incomes through reducing tax and increasing wages, than on topping up low wages through tax credits.
The Chancellor is listening to concerns raised by colleagues and will announce in his Autumn Statement how he plans to achieve the same goal of reforming tax credits and saving the money we need to secure our economy, while at the same time helping in the transition.