§ Miss BeggTo ask the Chancellor of the Exchequer if he will make a statement on his proposals for an employment tax credit. [44533]
§ Dawn PrimaroloIn April 2003 the Government are planning to introduce the Working Tax Credit to help make work pay and tackle in-work poverty. The Working Tax Credit will replace the adult elements of the Working Families' Tax Credit, Disabled Person's Tax Credit and the Employment Credit 50 +. It will also extend the principle of Working Families Tax Credit to workers aged over 25 without children or a disability. The Working Tax Credit will be complemented by the Child Tax Credit. The rates and tapers of the Working Tax Credit and the Child Tax Credit will be announced in Budget 2002.