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

MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE   Here are the 17 jobs that will lose out the most under Britain's tax credit cuts by Lianna Brinded on Oct 27, 2015, 11:49 AM Advertisement 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. SEE ALSO: Why conservatives should be the biggest supporters of tax credits 16. Hairdresser – £1,669. CPAG says that nationally £4.4 billion would be taken from low-paid families if the tax credit cuts do end up getting approved. 15. Cook – £1,860. CPAG data shows that 3.2 million low-paid workers would lose an average of £1,350 next year. 14. Teaching assistant – £1,896. Worryingly, the CPAG data says that some families would only keep 3p in every extra £1 they earn. See the rest of the story at Business Insider   Share the latest business news with your network: Email sent to:   |   Manage your email preferences   |   Unsubscribe Terms of Service   |   Privacy Policy Business Insider. 150 Fifth Avenue, New York, NY 10011