Options for Tax Credit reform

IFS was asked by Barnardo's to model three reforms of the tax credit system, each designed to reduce child poverty to the government's 2010/11 target in a different way. Here we detail the policy options and their impact on family incomes, work incentives and child poverty.

A full copy of the report in which this work was used, How to halve child poverty by 2010: options for redirecting resources to reduce child poverty is available on the Barnardo's website.