Report 'Damning Verdict' On Tax Proposal

The Labour Party has described a report on the Government's plans on tax and benefits as a "damning verdict".

Labour’s Shadow Home Secretary Yvette Cooper said a report commissioned by the Family and Parenting Institute, on the prospects for poverty and income on families up to 2015, left the Government's family-friendly claims "in tatters".

The report, published on Tuesday, said young families will bear the biggest financial pain in years ahead.

The Institute for Fiscal Studies (IFS) said that grim predictions for UK family finances up to 2015 and planned changes to tax and benefits by the Government would see families with children lose more than pensioners or adults without children.

Responding to the report, Ms Cooper said: “This independent IFS research is a damning verdict on the Conservative-led Government’s policies for families and children.

"It shows that families with children are being hit more than four times harder than the average household and it leaves David Cameron’s promise to be a family-friendly Government in tatters.

"The Government is taking more from children than from the banks. Women and children are paying the highest price."

According to the report, the median income among families with children is projected to fall between 2010 and 2015 by 4.2%. For a couple with two children this equates to £1,250 less a year by 2015. The IFS said families with children aged under five, families with more than two children, and lone parent families not in paid work bear the biggest financial pain in years ahead. Dr Katherine Rake, Chief Executive of the Family and Parenting Institute, said: “These figures reveal the full extent to which families with children are shouldering the burden of austerity. Having children has always been expensive. But now many families with children face an extra penalty of more than £1000.”


Related UK National News Stories
Click here for the latest headlines.

27 June 2013
More Children Will Be Forced Into Poverty - Report
Over half a million more children will be forced into poverty by 2015 because of Government fiscal policies and tax and benefit changes, according to a report published today by the Office of the Children's Commissioner for England.
14 September 2011
Long Hours Cause Materialistic Parenting
A report by a worldwide charity into European parenting, has claimed the increase in working hours in the UK have caused a "materialistic culture" as parents don't spend enough time with their families. The report, published on Tuesday evening, involved speaking to hundreds of families in the UK, Sweden and Spain.
04 October 2007
Increase In Cohabiting Couple Families
The number of cohabiting couple families in the UK increased by 65% between 1996 and 2006, according to the latest figures from the Office for National Statistics. The numbers increased from 1.4 million to 2.3 million, according to the ONS' 'Focus On Families' report, which was published on Thursday.
18 May 2006
Government action urged on alcoholic parents
An estimated one in eleven children in the UK are living with parents who misuse alcohol, according to a report. Social care charity Turning Point said that children whose parents had alcohol problems often suffered behavioural, emotional and school-related problems.
20 March 2012
Badger Cull Scrapped
A controversial plan to cull badgers has been dropped by the Welsh government. The plan was hoped to wipe out bovine TB in cattle but environment minister John Griffiths said after carefully considering the scientific evidence he has instead opted to vaccinate the animals.