Benefit cuts that bite - 120,000 households in NI will face tax credit cut #BBCNolan

120,000 households in Northern Ireland are about to get a big financial shock. They will have their tax credit payments cut as a result of the July budget. An official analysis by the Department for Social Development suggests the average loss per household will be £918 per year. Tax credits are effectively a means-tested benefit paid to people on lower incomes. They're paid to two main groups: unemployed people with children and low paid working people who may or may not have children. Do you receive tax credits? How would losing nearly a thousand pounds a year affect your family? Our business and economics editor John Campbell can gave us more details... and Joel got the views of Bangor businessman and member of the Northern Ireland Conservatives Frank Shivers and journalist Brian Pelan