This statistic shows the decrease in the United Kingdom's spending on Tax Credits, as introduced by policy changes in the Autumn Statement 2015, between 2015/2016 and 2020/2021. In 2016/2017, tax credit spending is expected to decrease by over 3 billion British pounds.
Decrease in government spending on Tax Credits as a result of policy changes made in the Autumn Statement 2015 in the United Kingdom (UK) from 2015/2016 to 2020/2021
(in million GBP)
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Decrease in government spending on Tax Credits as a result of policy changes made in the Autumn Statement 2015 in the United Kingdom (UK) from 2015/2016 to 2020/2021
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GOV.UK. (November 25, 2015). Decrease in government spending on Tax Credits as a result of policy changes made in the Autumn Statement 2015 in the United Kingdom (UK) from 2015/2016 to 2020/2021 (in million GBP) [Graph]. In Statista. Retrieved May 17, 2025, from https://www.statista.com/statistics/489905/tax-credit-reduction-uk/
GOV.UK. "Decrease in government spending on Tax Credits as a result of policy changes made in the Autumn Statement 2015 in the United Kingdom (UK) from 2015/2016 to 2020/2021 (in million GBP)." Chart. November 25, 2015. Statista. Accessed May 17, 2025. https://www.statista.com/statistics/489905/tax-credit-reduction-uk/
GOV.UK. (2015). Decrease in government spending on Tax Credits as a result of policy changes made in the Autumn Statement 2015 in the United Kingdom (UK) from 2015/2016 to 2020/2021 (in million GBP). Statista. Statista Inc.. Accessed: May 17, 2025. https://www.statista.com/statistics/489905/tax-credit-reduction-uk/
GOV.UK. "Decrease in Government Spending on Tax Credits as a Result of Policy Changes Made in The Autumn Statement 2015 in The United Kingdom (Uk) from 2015/2016 to 2020/2021 (in Million Gbp)." Statista, Statista Inc., 25 Nov 2015, https://www.statista.com/statistics/489905/tax-credit-reduction-uk/
GOV.UK, Decrease in government spending on Tax Credits as a result of policy changes made in the Autumn Statement 2015 in the United Kingdom (UK) from 2015/2016 to 2020/2021 (in million GBP) Statista, https://www.statista.com/statistics/489905/tax-credit-reduction-uk/ (last visited May 17, 2025)
Decrease in government spending on Tax Credits as a result of policy changes made in the Autumn Statement 2015 in the United Kingdom (UK) from 2015/2016 to 2020/2021 (in million GBP) [Graph], GOV.UK, November 25, 2015. [Online]. Available: https://www.statista.com/statistics/489905/tax-credit-reduction-uk/
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