Summer Budget changes will push up to 200,000 working households into poverty

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Welfare & Tax Reform

Sharp increase in working poverty despite welcome pay boost from the ‘National Living Wage’ The number of poor working households will rise by up to an additional 200,000 over the course of the parliament as a result of policies announced in the Summer Budget, according to a report published today (Thursday) by the independent think-tank … Continued

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Tax and benefit systems must do more to make work pay

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Welfare & Tax Reform

The current system of redistribution through taxation and welfare is inefficient and could be reformed to give more support to those on low and middle incomes according to a new report for the Resolution Foundation. The report, written by Paul Johnson, Director of the Institute for Fiscal Studies, and drawing heavily on the Mirrlees Review … Continued

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Childcare support and the hours trap

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Childcare & Families

The Government’s funding of childcare under Universal Credit could shatter its commitment to make work pay, accordingly to new analysis commissioned by Gingerbread and the Resolution Foundation think tank. The changes, to be implemented from 2013, may leave some parents facing losing over 94p in the pound as they increase their working hours, damaging work … Continued

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Workers on low-to-middle incomes face worsening poverty trap under Universal Credit

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Welfare & Tax Reform

The Universal Credit will continue to trap many low-to-middle earners on incomes below what they need to make ends meet, according to new research commissioned by the independent think tank the Resolution Foundation. Typically, work incentives for families in lower-paid jobs will worsen. Under the new Universal Credit those currently on tax credits will keep … Continued

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