scorecardHere are the 17 jobs that will lose out the most under Britain's tax credit cuts
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Here are the 17 jobs that will lose out the most under Britain's tax credit cuts

Here are the 17 jobs that will lose out the most under Britain's tax credit cuts
Finance1 min read

child minder

Reuters

Tax credits are a form of income support for low-wage workers, and Britain's Conservative government is planning to cut them down.

Unlike state welfare payments for disability or unemployment, you can work full time and still take them.

Prime Minister David Cameron and Chancellor George Osborne proposed to trim and limit tax credit payments at the last government budget.

However, the House of Lords voted to delay the cuts until the government was able to demonstrate that Britain's lowest-paid workers would be compensated in another way.

A cut in tax credits is still likely to go ahead and take away thousands of pounds for some of the country's lowest earners.

Business Insider took a look at some of the jobs that would be worst affected from Child Poverty Action Group (CPAG) data. We crunched the numbers for selected jobs in 2016 - 2017 for sole earners with two children working full time on an annual basis.

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