Isabel Hardman Isabel Hardman

Tories could delay telling tax credit claimants how much money they’ll lose from cuts

The Tory revolt on tax credits looks likely to dominate this autumn. Many Tories across the party now regard this as conforming to a similar pattern as the 10p tax row under Gordon Brown, and few expect the cuts, which lower the threshold for withdrawing tax credits from £6,420 to £3,850 and speed up the rate of withdrawal as pay rises, to come to fruition in their current form.

There are three camps of Conservatives on tax credits. There’s the large group who think the cuts seriously undermine their claim to be the party of working people and are wrong because they take £1,300 off those on low incomes, and will be altered soon enough. Then there are those who agree with that analysis but who think that the cuts to come in the comprehensive spending review will make the tax credits row look trivial by comparison.

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