§ Mr. Frank FieldTo ask the Chancellor of the Exchequer how many people in receipt of one or more of the various components of working families tax credit have a final income of(a) more than twice, (b) more than two and half times and (c) more than three times their initial net income. [19833]
§ Dawn Primarolo[holding answer 4 December 2001]: It is estimated from the Family Resources Survey that, under the working families tax credit regime applying to awards starting from June 2001, the numbers of such families are about (a) 70,000, and (b) 40,000. The sample size is too small to yield a reliable estimate for (c).
Notes:
- 1. Estimates are derived from 1999–2000 FRS with incomes projected forward to 2001–02 and assuming the 2001–02 regimes for income tax and national insurance contributions. They are subject to sampling error.
- 2. Survey results are calibrated to the number of families on maximum WFTC awards yielded by administrative data.
- 3. Final net income is as projected, including estimated entitlement to WFTC, housing benefit (HB) and council tax benefit (CTB). Initial net income is this less the estimated entitlement to WFTC, plus any consequent increase in estimated entitlement to HB and CTB.