End of Child Benefit for All ....
#1
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End of Child Benefit for All ....
Chancellor has just announced that Child Benefit will not be paid to those paying Higher Rate Tax.
Sounds fair on the surface, but isn't it just Middle England paying once again?
To my mind, a better solution would be to pay it for the 1st child ..... this could be done in addition to the cut for the better off.
Sounds fair on the surface, but isn't it just Middle England paying once again?
To my mind, a better solution would be to pay it for the 1st child ..... this could be done in addition to the cut for the better off.
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so if you earn £43k and your wife earns 43K you still qualify for child benefit. how is that fair to those that earn over £44K a year as a main earner.
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Dave
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Looks like a lot of people will miraculously be earning 43k from 2013, then. Could cost the Govt a fortune in lost revenue.
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According to Today programme this morning only around 20% of people pay higher rate tax and median income is £20k. So this is not "middle income" being hit.
Looking around at many kids today there might even be a case for paying some families NOT to have kids
dl
Looking around at many kids today there might even be a case for paying some families NOT to have kids
dl
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Scrap the lot as well as job seekers after 12 months claiming with no positive feedback from potential employers during interviews.
Makes my blood boil knowing that I'm up at 5.15am every morning sat on M1 trying to make an honest living for my family and just getting by and joe bloggs is laid in bed counting his benefit money picking his **** all day.
Rant over
#10
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Earn 49K, make 6K pension contribution, get 40% relief on the 6K AND you get child benefit to help fund the contribution.
As for the 43K each = benefit, 44K joint = no benefit. The government deserves an almighty facepalm for that ill-conceived idea. Surely it should be per household?
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Great opportunity for the government to pay for high rate earners pension contribution more likely.
Earn 49K, make 6K pension contribution, get 40% relief on the 6K AND you get child benefit to help fund the contribution.
As for the 43K each = benefit, 44K joint = no benefit. The government deserves an almighty facepalm for that ill-conceived idea. Surely it should be per household?
Earn 49K, make 6K pension contribution, get 40% relief on the 6K AND you get child benefit to help fund the contribution.
As for the 43K each = benefit, 44K joint = no benefit. The government deserves an almighty facepalm for that ill-conceived idea. Surely it should be per household?
#14
I find that hard to believe but then not everyone is a middle-class graduate with a career. Personally I don't see £43k a year as 'rich', but then lots of the population do jobs like stack beans in Tesco and work as office drones on £20k a year.
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So this is now one bit of potential Tory policy that is going to **** me off. Just because we've chosen to pursue careers and have now hit a point in our mid thirties when we think we're ready for kids, have the means to support them (I'd call it being responsible) and also have both been paying into the tax and NI system for 15-17 years (and a fair percentage of that at high rate) thought it would be our chance to claw a little back from the system.
But no, now even more of my tax is going to support the irresponsible and stupid who chose to have loads of kids from teenage years, with no means to support them, just expecting big handouts from the state, which is ultimately my from pocket
I know it's not much, £1055.60 a year for one kid, though is that taxed as assuming it wasn't this amounts to £1759 before 40% is applied, would have been a nice little extra bit of cash to have
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5t.
#18
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I take it, you have never had to live on £12k a year then.
Last edited by Jamz3k; 04 October 2010 at 10:10 AM.
#19
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#21
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thats a fair bit different than living in the real world now.
Saying that 43k is not rich, is well quite "rich". On 43k a person can live, on 12k someone only surrives from one month to the next its hardly living.
Saying that 43k is not rich, is well quite "rich". On 43k a person can live, on 12k someone only surrives from one month to the next its hardly living.
#24
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You had a house and family when you was a student?
I could live off 12k if I was a student.
Personally they'd save more money cutting the benefits to the people who don't work.
This girl I know had a kid at 18 she's 21 now not worked gets around a 1k a month benifits and goes out on the p*ss 3 times a week!
I could live off 12k if I was a student.
Personally they'd save more money cutting the benefits to the people who don't work.
This girl I know had a kid at 18 she's 21 now not worked gets around a 1k a month benifits and goes out on the p*ss 3 times a week!
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I have prosecuted steel fitters earning £1500 a week, because they claimed their £36 a week Income Support. this was 15 years ago and the story still holds true today. it is pure greed.
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What grips me about all of this is not the cutting or curbing of benefits, it is who pays for it. I left school at 17 and have not been without a job for the last 20 years. I've worked for the same firm for 18 years and in that time had 6 days off sick. I've worked hard, been promoted and am now in the higher tax band. The harder I work, the more I give to the chancellor and the less I get back. I work my *** off so some cheeky immigrant or scummy freeloader can sit at home, allegedly below the breadline, churning out fat waste-of-space kids and taking £100k a year in benefits. I don't know why I bother but I am seriously considering taking a break, as I am fed up of working so hard, and living off society for a few years so I can enjoy watching my kids grow up
Rant over!!!!!!
Rant over!!!!!!
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dl
#29
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What grips me about all of this is not the cutting or curbing of benefits, it is who pays for it. I left school at 17 and have not been without a job for the last 20 years. I've worked for the same firm for 18 years and in that time had 6 days off sick. I've worked hard, been promoted and am now in the higher tax band. The harder I work, the more I give to the chancellor and the less I get back. I work my *** off so some cheeky immigrant or scummy freeloader can sit at home, allegedly below the breadline, churning out fat waste-of-space kids and taking £100k a year in benefits. I don't know why I bother but I am seriously considering taking a break, as I am fed up of working so hard, and living off society for a few years so I can enjoy watching my kids grow up
Rant over!!!!!!
Rant over!!!!!!
#30
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You had a house and family when you was a student?
I could live off 12k if I was a student.
Personally they'd save more money cutting the benefits to the people who don't work.
This girl I know had a kid at 18 she's 21 now not worked gets around a 1k a month benifits and goes out on the p*ss 3 times a week!
I could live off 12k if I was a student.
Personally they'd save more money cutting the benefits to the people who don't work.
This girl I know had a kid at 18 she's 21 now not worked gets around a 1k a month benifits and goes out on the p*ss 3 times a week!
When we first moved into our home we had only my income and that was £11K. It was only the fact that we knew the building society manager that he let it through. Those that think that earnings of £40K a year isn't a good wage are really out of touch with reality or too arogant to care.