How Tax Credits Are Set to Rocket

Hardly a surprise, but confirmation from Sajid Javid that the government projects billions more will be spent on tax credits over the next few years. The total spend on child tax and working tax credits has jumped from £24.1 billion in 2008-9 to £29.9 billion this year. The figure is projected to rise again to £32.5 billion by 2017-18. Austerity, what austerity?


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