Tax Credits

On Tuesday 13th October 2015 MLAs debated the following motion:

“That this Assembly notes the reliance of thousands of low- and middle-earning families on the tax credits system to top up their earnings; deplores the recent attack by the British Government on the tax credits system, which will reduce further the income of thousands of working families and drive them into greater poverty, as well as making it more difficult for people to move into employment; further notes the proposed introduction of an increased minimum wage by the British Government but recognises the study by the Institute for Fiscal Studies that shows that the impact of cuts to the tax credits system is much greater than the increase proposed in the minimum wage, which falls significantly short of the wage required for someone to have a decent standard of living.”

You can read the full transcript on our website: http://nia1.me/2s8