The Labour Tax Fraud

Working Tax Credits,

The credit consists of three elements,

1. Basic (You must work over 16 hours per week) - £1665 p/a
2. 30 hour per week (You must work over 30 hours per week) - £680 p/a
3. Second adult (who works over 16 hours per week) - £1640 p/a

You must earn under £4,500 p/a to qualify for full credit.
You must have a combined income of less than £15,500 to claim any credit

The figures are as follows,

Current Minimum wage (over 22 years) = £5.05

• Current annual wage for 16 hours work per week = £4,201.60 ((£5.05*16)*52)
• Current annual wage for 30 hours work per week = £7878 ((£5.05*30)*52)
• Current annual Wage for 46 hours work per week (combined 16 & 30) – £12079.60

At minimum wage it is impossible to earn full Working Tax Credits as to qualify for the 30 hour element you have to be well into the means tested element of the benefit. This from the government that is trying to promote the family.