Childcare tax credit survey

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Tax and Welfare

WORKING PARENTS UNDER THREAT FROM SPENDING CUTS NEW SURVEY SHOWS CUTS TO CHILDCARE TAX CREDITS MAY FORCE PARENTS TO GIVE UP WORK  A new survey of over 2,000 working mothers has revealed that over half will be forced to stop work or significantly reduce their working hours, as a result of cuts in the level … Continued

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Working families face £436 cut in in support for childcare costs next year

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Tax and Welfare

Almost half a million families are set to lose an average of £436 a year in support for childcare costs from April next year, according to new figures out today from the independent think tank the Resolution Foundation. In London, where childcare costs are highest, nearly 50,000 families will lose on average £600. Some families … Continued

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