Tax credit cut fear

NEARLY 250 couples in Corby and East Northamptonshire could lose out on tax credits, the parliamentary candidate for the area has said.

Andy Sawford says 245 couples in part-time work, who have children, could lose around £4,000 a year from this April, following changes made by the Government.

Mr Sawford said more than a dozen families had raised the issue with him.

The change means that couples with children, 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 £3,870 per year.

Mr Sawford said: “In this economic climate, very few people in part-time work will be able to increase their hours by up to 50 per cent. For a couple with children losing around £4,000 a year, they might not think working is worthwhile.”