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Tax credits will make families worse off

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Responding to research claiming tax credit cuts will push 200,000 children into poverty next year, Treasury spokesperson says overall welfare changes will make 'most households better off' but only by 2017 (The Independent)

The Treasury has appeared to admit that families will be worse off next year as a result of the cuts to working tax credits being introduced in April 2016.

Responding to research that claimed 200,000 children will be pushed into poverty next year as a result of the Government’s welfare changes, a Treasury spokesperson insisted most working families would be better off but only once all reforms had come into effect in 2017.

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