Tax credit changes 'to hit poorest'
Changes to tax credit allowance announced in last month's emergency Budget will see half a million working families across the UK lose out in more than £1,000 each, according to new research.
The TUC said families whose earnings fall because of unemployment, illness, retirement or bereavement, will be hardest hit by the measures announced in Chancellor Georges Osborne's Budget.
The changes to the tax credit system are expected to save the Government around £550 million a year.
Brendan Barber, the TUC general secretary, said the Chancellor had promised not to hide anything in the small print of the Budget documents.
He added: "But this cut in tax credit entitlements was hidden in the detail and will make a real difference to some of our poorest and most vulnerable families, costing at least half a million households a year more than £1,000.
"This is another reminder that we are very definitely not all in this together. While the rich have been let off the hook, those on middle and low incomes are being left to pick up the cost of the recession."
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