Millions of people still missing out on tax credits - say Lib Dems
May 31, 2007 5:58 PM
Figures released today by the Liberal Democrats show that millions of people are missing out on the chance to claim money they are entitled to under the Tax Credit system.
The statistics show that more than two million people failing to claim an average of between £1,410 and £1,778 per year.
Up to 260,000 people earning less than £20,000 are missing out on an average of between £2,500 and £3,577 per year.
Commenting, Liberal Democrat Shadow Work and Pensions Secretary, David Laws MP said:
"It is deeply disturbing news that so many of the poorest families are shunning the Tax Credit system because of fears of having to repay back large amounts of money.
"With millions of families each year having thousands of pounds demanded back by Gordon Brown - money most people simply don't have - it is entirely understandable that many want out of the system altogether.
"Tax Credits were meant to give vulnerable families a safety net. Instead they have created a climate of fear and uncertainty.
"The Tax Credit system needs radical reform to make it simpler and ensure the needs of families are put first."
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