Baroness Lister of Burtersett – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Baroness Lister of Burtersett on 2015-11-03.

To ask Her Majesty’s Government what proportion of tax credit recipients in paid work have incomes above the income tax threshold.

Lord O’Neill of Gatley

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.

HM Revenue & Customs publish statistics about individuals and households claiming tax credits and child benefits, which are available on the gov.uk website.