Working Families Tax Credit

Working Families Tax Credit: WFT has changed my life for the better (547 words)
by - written on 09/11/09 (Very useful, 43 readings)
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I thank the lord for Working Family Tax Credits, I really don't know how i would cope financially without them. So what is Working Family Tax Credit? Working tax credit is a (benefits) system for families on low income, (I hate referring to it as a benefit) You need to be working over 16 hours a week and if you pay child care you may then be eligible to claim extra credit. So how does it work? Well it's an incentive to get low income families out to work. Does it work? OK, so I have heard very mixed reviews about this system over the years I have used WFT. I gather it depends on your situation as to if ...  Read the complete review

Who Finds Time Conning? - WFTC (1208 words)
by - written on 23/07/09 (Very useful, 219 readings)
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Who Finds Time Conning? ------------------------------ Behind the dole door of Westminster that shows the number of unemployed, there is a bigger door that takes the flak which deploys an immeasurable poverty that has 'New Labor' written all over it. Working Family Credits is a tax that credits the poor with sums of cash, basically, credits is dished out to those people who know of the benefit system well. The actual number of families claiming this benefit is climbing. You may feel that in this climate the Tax system is in place to stop poverty, but alas I think differently. The system is in-place to en-sure the growing poorest workers to vote Labor. This is a ...  Read the complete review

Working Families Tax Credit: A good idea... (293 words)
by - written on 01/06/08 (Useful, 109 readings)
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I think the idea behind the tax credits is good, if only the staff that worked in that government department knew what they were doing! Most families are entitled to at least £10 a week, not alot but its still free money! If you or your partner work over 30 hours a week you get a bonus of some description. Some people claim tax credits and never have a problem, however these are few and far between. There have been problems with HM Revenue and Customs claiming they have made an overpayment and demanding the money back, forcing people to take out high interest loans and plunging them into poverty, something which this system was meant to ...  Read the complete review

The WTC (not the World Trade Centre) conspiracy (919 words)
by - written on 18/05/07 (Very useful, 650 readings)
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The Working Family Tax Credit is quite simply an electoral bribe to subsidize the national minimum wage, both employees and employers dependant on Labor staying in power to keep this obvious perk. It’s clever because, like most New Labor apparent giveaways, you have to apply for it with complex government forms (only deciphered by fraudsters and polish builders in Gdansk according to the Mail on Sunday) and so not enough people who really need it get the benefit are on it. They use a similar ploy with state pensions, proud and infirm old folks who thought a war, unable to gather enough energy or damaged pride to get to the benefit office to claim ‘extra money’ what is ...  Read the complete review

Working Families Tax Credit: Tax credits are a godsend! (187 words)
by honestreviews - written on 13/04/07
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Without working families tax credits i wouldnt be able to go out to work. id be forced to go on the dole, and live in a council flat for the rest of my miserable life! As it is, i went back to work when my daughter was 2 months old, ok so it was pizza hut, but now, 3 years later, ive tripled my salary, work in an office and am saving for a deposit on my own house. We are so lucky in this country, some people take the mickey by saying they earn less than they do so they can have more credits, and ok, maybe thats ok if you truly do need to lie a little bit, everyone has told at least 1 white lie in their lives, but some people earn like a grand a week but then tell the ...  Read the complete review