Tax credit concern

MORE than 2,500 families in the Tees Valley will lose up to £4,000 a year in tax credits from April when the Government introduces new rules.

Stockton North MP Alex Cunningham, who represents Billingham and Wolviston, is urging the Government to reconsider a change to tax credit rules which mean thousands of families will lose all of their working tax credits unless they can significantly increase their working hours.

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 a week, or they will lose all their working tax credit of £3,870 per year.

Government figures show 2,640 households in the Tees Valley and 212,000 households across the country could lose out.