Tax credits explained

In the last couple of weeks we have seen the PM pledging changes to the tax credits system, the Chancellor looking for £12bn of welfare cuts, and suggestions that it would help to avoid 'in-work poverty' if there was a shift towards those employers who can afford to pay the living wage doing so. The BBC have helpfully produced a 'Q&A: Tax credits explained' which will be invaluable for students and teachers who are not already familiar with the system.

There is plenty of fertile ground here for teaching about fiscal policy and supply-side policies, and well worth storing away links to articles like these so they can be used. As long as I can remember, next term, where I filed them.....