The rise and fall of the UK's first tax credit: The Working Families Tax Credit 1998-2000

Authors
McLaughlin, E Trewsdale, J McCay, N
Citation
E. Mclaughlin et al., The rise and fall of the UK's first tax credit: The Working Families Tax Credit 1998-2000, SOC POL ADM, 35(2), 2001, pp. 163-180
Citations number
22
Categorie Soggetti
Social Work & Social Policy
Journal title
SOCIAL POLICY & ADMINISTRATION
ISSN journal
01445596 → ACNP
Volume
35
Issue
2
Year of publication
2001
Pages
163 - 180
Database
ISI
SICI code
0144-5596(200105)35:2<163:TRAFOT>2.0.ZU;2-T
Abstract
The Working Families Tax Credit (WFTC) introduced in 1998/9 was regarded as the most important and easily the most redistributive measure introduced b y the new Labour administration elected in 1997. WFTC is, however, schedule d to end, and be replaced by another tax credit in 2003. This paper reviews the birth, brief life and "death" of WFTC in the period 1998-2000 and exam ines the structure of eligibility for WFTC in one UK region.