Recent research from moneysupermarket.com has shown that 45 per cent of working mums are set to cut short their maternity leave and return to work early because of their finances.
Andrew Gwynne MP said:
“New mums in Denton and Reddish are paying a heavy price for George Osborne’s economic failure. Next week the Government will hit millions of working mums with a new mummy tax, on top of existing cuts to support to help care for their babies. But on the same day the Government is giving a tax cut to millionaires worth an average of £100,000.”
“This real terms cut in maternity pay will effectively be a £180 mummy tax on working women by 2015 – and it’s bad for the whole family. Evidence from moneysupermarket.com shows that already nearly half of all working mums are not planning to take their full maternity leave entitlement, because they don’t think they can afford to do so. Over a third are planning to take between 6 and 8 months, and one in 10 plan to take just 3-6 months because money is so stretched.”
Kate Green MP, Labour’s Shadow Minister for Women and Equalities said:
“Millions of working families in are already struggling to manage cuts in child tax credit, child care tax credit and child benefit and House of Commons Library research has confirmed that women are being hit four times harder by the Government’s policies. For many, the Mummy Tax will be the final straw.”
“Women and their families are paying the price for this Government’s economic failure and once again, this out of touch Government has failed to understand the lives of women.”