Oral Answers to Questions

Debate between George Osborne and Naz Shah

Tuesday 27th October 2015 Commons Chamber

[Naz Shah (Bradford West) (Lab)]

4. If he will bring forward transitional provisions for the proposed changes to the tax credits system.

[The First Secretary of State and Chancellor of the Exchequer (Mr George Osborne)]

Last night, unelected Labour and Liberal peers voted down the financial measure on tax credits approved by this elected House of Commons. That raises clear constitutional issues that we will deal with. We will continue to reform tax credits and save the money needed so that Britain lives within its means, while at the same time lessening the impact on families during the transition. I will set out these plans in the autumn statement. We remain as determined as ever to build the low tax, low welfare, high wage economy that Britain needs and the British people want to see.