16 March 2005
Tax credits: reforming financial support for families
Tax credits: reforming financial support for families is the eleventh paper in the series on the modernisation of Britain’s tax and benefit system. It discusses how the tax and benefit system had failed to address the challenges of rising worklessness during the 1980s and 1990s. The paper then sets out how the Government’s reforms put into practice five key principles of tax-benefit system modernisation. It also describes how tax credits have reformed financial support to individuals and families.
"Tax credits: reforming financial support for families" is available below in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website. For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.