Analysis commissioned by Labour from the House of Commons library has shown that of the net savings made to the treasury through tax and benefit measures since 2010, 86% will have come from women.
This leaves women in an even worse situation than at the Autumn Statement less than six months ago when 81% of net savings made to the treasury through tax and benefit changes were coming from women.
The analysis also shows that the change in the Higher Rate Threshold will help men a lot more than women since only 25% of the 3.2 million Higher Rate taxpayers are women
Kate Green, Shadow Minister for Women and Equalities, commenting on the new analysis, said:
“Yet again the government have exposed themselves as being strong on rhetoric but weak on action when it comes to equality and understanding the real, human impact of their policies. 86% of the net savings made through tax and benefit changes since 2010 will have come from women yet the government voted down Labour proposals in December to conduct an urgent cumulative gender impact assessment of their policies.
David Cameron and George Osborne could conduct this analysis if they wanted to make sure their polices are fair to women but they are choosing not to. We repeat our calls to the government to do the responsible thing and conduct an urgent cumulative gender impact assessment of their policies and to put in place a strategy to ensure that they are promoting rather than turning back the clock on women’s economic equality.”