Uprating and the value of children’s benefits: Policy note December 2014

December 2014

This policy note considers the effect that uprating decisions have had on the real value of children’s benefits over the course of this parliament. Specifically, it calculates the amounts which our two key children’s benefits – child benefit and child tax credit – have lost over the last five years. It has been written to coincide with Autumn Statement 2014, the point in the fiscal year when decisions about benefit uprating have conventionally been made.