Latest cut in universal credit will hold back the recovery for millions of low income working families

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Tax and Welfare

Millions of lower income working families will find it harder to keep up with the cost of living because changes to Universal Credit (UC) will shrink the amount of earnings they can keep and erode the incentive to work, according to new analysis published today (Friday) from the independent think-tank Resolution Foundation. In his recent … Continued

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Main parties misrepresenting who will gain from tax cuts in next parliament

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Tax and Welfare

Resolution Foundation calls for improved in-work support and alignment of National Insurance threshold with the Personal Allowance to support households on low to middle incomes The income tax cuts proposed to date by the main parties are set to largely bypass low to middle income Britain – the very households they claim to be helping … Continued

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