Welfare Tax Credits

(asked on 23rd March 2015) - View Source

Question to the HM Treasury:

To ask Her Majesty’s Government how much tax credit was paid to working people of low income in each of the last three full years; what is their forecast for the current and next two years; and, for each year, what proportion of recipients were in full-time work.


Answered by
 Portrait
Lord Deighton
This question was answered on 26th March 2015

The total amount of Tax Credit entitlement of recipients in each of the last three tax years can be found in Table 1.

£ millions

Table 1: Total entitlement of Tax Credit recipients

Year

Out-of-work

In-work

All

2010-11

7,606

20,936

28,542

2011-12

8,138

21,066

29,203

2012-13

8,903

19,876

28,779

Figures in Table 1 are presented in £ millions, to the nearest 1 million, in line with HM Revenue and Customs publications. Breakdowns of recipients out-of-work and in-work have also been provided for context. Breakdowns of recipients in full-time employment, or otherwise, are unavailable.


2012-13 is the most recent year available for which finalised statistics have been produced.

Figures have been taken from Table 1.1 of the online publication ‘Child and Working Tax Credit Statistics: Finalised Annual Awards 2012-13’.

Figures providing total expenditure forecasts for Tax Credits in the current tax year, and the two following years can be found in Table 2.

£ billions

Table 2: Total expenditure forecasts of Tax Credits

Year

All

2014-15

29.7

2015-16

29.5

2016-17

29.8

Figures in Table 2 are presented in £ billions, to the nearest 100 million, in line with Office for Budget Responsibility publications.

Breakdowns by employment status, full-time or otherwise are unavailable. These figures are taken from the ‘March 2015 Economic and Fiscal Outlook: Fiscal Supplementary Tables’ produced by the Office for Budget Responsibility and take into consideration Tax Credits as expenditure.

Reticulating Splines