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Thursday 17th May 2012

Government cuts will affect working mothers

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Government cuts will affect working mothers

Posted by Maggie Berry 12 May 2011 Business |  Careers |  Politics |  Women |  Women in business The Telegraph reports that the Government cuts set to come into effect will force half of mothers to reduce the amount of work they do. In fact, an average working family is set to lose over £400 in childcare tax credit.  The article covers a survey carried out by Netmums which asked over 2000 working mums how they would be affected.

68% of respondents said that as a direct result of the cuts they would have to make changes to their childcare arrangements, with 22% claiming they would give up their jobs altogether. 29% said they would need to reduce their working hours and 27% would have to rely heavily on family and friends to assist with childcare.

The cuts will clearly cause difficulties for some working mums, yet the Government has claimed they are necessary in order to save the economy over £270 million over the course of a year. So is this fair? Whilst working mums will suffer, so too will employers in a range of sectors and ultimately the economy. If these findings are true, the workforce will lose members and the Government will lose income tax from those that have had to reduce their hours or simply give up work. This surely questions the savings the Government claim they will make.

The effects of these cuts are definitely not a good sign for some families. We’ll be keeping a close on eye on what happens over the coming few months. Let us know if you will be affected, and what concerns you have.  
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