Tax credit changes from April 2016

Document type
Briefing
Author(s)
Kennedy, Stephen; Keen, Richard
Publisher
House of Commons Library
Date of publication
15 October 2015
Series
House of Commons Library briefing paper; CBP7300
Subject(s)
Poverty Alleviation Welfare Benefits and Financial Inclusion
Collection
Social welfare
Material type
Reports

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This note outlines what tax credits are, the changes announced in the Summer Budget 2015 and how these changes were to be implemented. It also looks at the impact these changes would have for families in combination with other measures announced in the Summer Budget 2015, including the introduction of the National Living Wage, the increase to the Personal Allowance and freeze in Child Benefit.

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