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Tory Tax Credit Cut will hit families in the wallet.


The Tories have broken their promise to stand up for working families with a plan to change tax credits, which will leave working families £1,300 a year worse off.

The changes will affect three million working families. In Peterborough alone, around 12,500 families could be affected. Instead of helping working people, the Tories are pushing through changes which will hit working families in the wallet.

Tax Credits are designed to ensure that work pays. Cutting them undermines the value of work, and means penalising those who work hard day after day just to get by.

The Tories have not planned any help to protect affected families. 2.7 million families with children will be left out of pocket, and there is a real risk that children will suffer directly as a result of these changes.

Labour has launched a campaign to call on David Cameron to stop the tax credit cut. Please sign our petition at here.

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