Tax and benefit changes to "clobber" millions, says Labour

The changes, announced by Chancellor George Osborne over the past 18 months, mean the time couples with children will have to work to qualify for working tax credits will rise from 16 to 24 hours, reports the BBC. The beginning of the tax year on 6 April will see a significant number of changes to tax and benefits - affecting personal and family finances. But Labour said they amount to a "tax bombshell" which would "clobber" families. Under the new rules, the amount of income that is tax free will rise by £630 to £8,105. The value of some benefits will rise by 5.2%, linked to infla...