Public Expenditure

(asked on 3rd November 2015) - View Source

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 Portrait
Damian Hinds
This question was answered on 9th November 2015

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.


Reticulating Splines