Sentences with phrase «tax credit system resulted»

Labour's tax credit system resulted in # 10 billion being wasted on fraud and error, Iain Duncan Smith has claimed.

Labour's tax credit system resulted in # 10 billion being wasted on fraud and error, Iain Duncan Smith has said.

Not exact matches

And when payback and cost - benefit calculations start from an «end of business as usual» perspective — factoring in not only external costs of oil, but also likely carbon credits or other results of a cap - and - trade system or a carbon tax — everything changes.

Refundable or non-wastable tax credits can reduce the tax owed below zero, and result in a net payment to the taxpayer beyond their own payments into the tax system, appearing to be a moderate form of negative income tax.

Are ineligible for federal or state investment tax credits resulting from your investment in a solar panel system; and / or

«The tax credit and welfare reforms are potentially disastrous for kinship carer households and will deter many potential kinship carers from coming forward, resulting in more children ending up in the care system, at significant cost to the public purse.