Tax Credits slash the disregard to £5,000

flight747

The government are going to slash the disregard to £5,000 in tax credits. The government believes there is more than £300m to be saved over the next three years by reducing fraud and error, and also wants to reclaim £400m in unpaid debts.

http://www.bbc.co.uk/news/uk-politics-20873180

lighting_up_the_chalice

Seems fair enough to me. £100 a week is a pretty substantial change of circs.

Icequeen99

flight747 wrote: »

The government are going to slash the disregard to £5,000 in tax credits. The government believes there is more than £300m to be saved over the next three years by reducing fraud and error, and also wants to reclaim £400m in unpaid debts.

http://www.bbc.co.uk/news/uk-politics-20873180

That was announced over a year ago, it isn't a new announcement.

IQ