erik 41% of those who get benefits are in work.
WTC are used to boost wages to a ‘Living Wage’ as currently only Minimum Wage’ is statutory.
There’s a solution here somewhere….
What’s the tax free personal allowance in the UK? Something like 8 grand a year?
Surely the solution is just to raise the income level for the 0% tax bracket (thus incentivising work), rather than taxing and giving back in a complex credits system that costs money to administer.
