16 February 2012
Over 300 families in Ayr Carrick and Cumnock Constituency Set to Lose around £4,000 per year Working Tax Credit
Over 300 couples with children and in part-time work in Ayr Carrick and Cumnock constituency could lose around £4,000 a year, or £75 per week, from this April following a Government change to tax credit rules.
Sandra Osborne, Labour MP for Ayr Carrick and Cumnock constituency, is calling on the government to reconsider this change which means thousands of families will lose all of their working tax credits unless they can increase their working hours.
The change means that couples with children and earning less than around £17,700 will need to increase the number of hours they work from a minimum of 16 to 24 hours per week or they will lose all their working tax credit of £3,870 per year.
A recent survey by the Chartered Institute for Personnel and Development found that one in five organisations have cut back on the number of hours that people work as a result of the economic downturn, with just 6 per cent increasing them.
Sandra Osborne said:
"The Government's own figures show that over 300 households in my constituency, and 212,000 households across the country, could lose out by this change to Working Tax Credit rules. I am calling on the Government to rethink this deeply unfair change which will again see hard pressed families penalised.
"In today's economic climate, it will be very difficult for people in part-time work to increase their hours. Many employers are already cutting employee hours. And for a couple with children, losing £75 per week could mean going out to work makes absolutely no sense.
"Yet again we see families bearing the brunt of misguided Government policies."
Over 300 families in Ayr Carrick and Cumnock Constituency Set to Lose around £4,000 per year Working Tax Credit
Over 300 couples with children and in part-time work in Ayr Carrick and Cumnock constituency could lose around £4,000 a year, or £75 per week, from this April following a Government change to tax credit rules.
Sandra Osborne, Labour MP for Ayr Carrick and Cumnock constituency, is calling on the government to reconsider this change which means thousands of families will lose all of their working tax credits unless they can increase their working hours.
The change means that couples with children and earning less than around £17,700 will need to increase the number of hours they work from a minimum of 16 to 24 hours per week or they will lose all their working tax credit of £3,870 per year.
A recent survey by the Chartered Institute for Personnel and Development found that one in five organisations have cut back on the number of hours that people work as a result of the economic downturn, with just 6 per cent increasing them.
Sandra Osborne said:
"The Government's own figures show that over 300 households in my constituency, and 212,000 households across the country, could lose out by this change to Working Tax Credit rules. I am calling on the Government to rethink this deeply unfair change which will again see hard pressed families penalised.
"In today's economic climate, it will be very difficult for people in part-time work to increase their hours. Many employers are already cutting employee hours. And for a couple with children, losing £75 per week could mean going out to work makes absolutely no sense.
"Yet again we see families bearing the brunt of misguided Government policies."