Research and analysis

Did Working Families바카라 사이트� Tax Credit work?

The final evaluation of the impact of in-work support on parents바카라 사이트� labour supply and take-up behaviour in the UK.

• From: HM Revenue & Customs
• Published: 9 June 2005

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HM Revenue and Customs Working Paper 2: Did Working Families바카라 사이트� Tax Credit work? The final evaluation of the impact of in-work support on parents바카라 사이트� labour supply and take-up behaviour in the UK

This paper provides an evaluation of the impact of Working Families바카라 사이트� Tax Credit (WFTC) on the labour market behaviour of families with children. It makes use of data from all of WFTC바카라 사이트檚 42 month history (from October 1999 to March 2003), and therefore updates preliminary work first published in December 2003. Because entitlements to WFTC were increased in real terms at least every 12 months, this paper looks at both the immediate impact of replacing family credit with WFTC, and the cumulative impact of the changes to in-work support between April 1999 and March 2003.

This paper is part of the project called 바카라 사이트淓conometric Research: Impact of Working Families바카라 사이트� Tax Credit바카라 사이트� funded by the Inland Revenue.

Published 9 June 2005