Tax credit change could cost families £4k a year - Labour

Low income families with parents in part-time work could lose nearly £4,000 per year because of a change in tax credits, the Labour Party says. Families can currently qualify for Working Tax Credit if one parent works at least 16 hours a week. About 212,000 families could be hit from April when the threshold is raised to 24 hours per week, the official data highlighted by Labour shows. Read more CLICK HERE