• Tax Credits to cost people in Swansea West as much as £3,000 a year

    Tory changes to Tax Credits could cost people in Swansea West as much as £3,000 a year. That is the warning from Julie James AM.

    The local AM is concerned that the UK Government’s decision to impose the cut of around 10% to the monthly income of local families will have a real impact on their living standards, the life chances of children growing up in these households and the local economy.

    The changes will affect three million working families across the UK. In Swansea West alone, around 4,600 families will be affected. Figures show that families will be on average £1,300 worse off but that some will be up to £3,000 worse off.

    Ms James is encouraging local people to join the campaign against these changes by signing the petition at labour.org.uk/taxcredits or getting in touch for a paper copy.

    Ms James AM said: “Tax Credits are designed to ensure that work pays. Cutting them undermines the value of work, and means that the Government is penalising those who work hard day after day just to get by. I am asking residents to join me in sending a clear message to the Tories that these cuts to working peoples living standards are unacceptable.”

    “This is another example of how the Tories are making working families bear the brunt of deficit reduction while some of the wealthiest people in the country have received a tax cut.”

     

    CONSTITUENCY TAX CREDIT STATISTICS
      Number of working families claiming tax credits Number of families with children claiming tax credits Number of working families with children claiming tax credits Number of children in working families receiving tax credits % of families receiving tax credits % of children in families receiving tax credits
    UNITED KINGDOM                         3,277,300            4,008,500               2,718,900               5,161,500 51% 55%
    WALES                            167,400               206,000                   134,600                  250,100 56% 60%
    Aberavon                                 3,400                    5,000                       2,700                       5,000 60% 67%
    Gower                                 3,600                    4,100                       2,800                       5,100 44% 47%
    Llanelli                                 5,200                    6,100                       4,100                       7,400 60% 65%
    Neath                                 4,300                    5,300                       3,400                       6,100 59% 62%
    Swansea East                                 5,600                    7,400                       4,600                       8,400 68% 73%
    Swansea West                           3,600                    4,600                       2,900                       5,100 60% 62%
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