We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
MSE News: Tory child trust fund cuts to hit 'normal families'

Former_MSE_Natasha
Posts: 672 Forumite
This is the discussion thread for the following MSE News Story:
"Many 'average' families will be hit hard by Conservative plans to abolish child trust funds (CTFs) payments, if the Tories are elected....."
"Many 'average' families will be hit hard by Conservative plans to abolish child trust funds (CTFs) payments, if the Tories are elected....."
0
Comments
-
Or the Lib Dems; it is their policy too0
-
From the article:
"However, the £250-£500 vouchers are free money, so for anyone to lose that extra boon is a big shame."
No, they're not free. They are a redistribution of wealth from taxpayers to children.0 -
Why are we always told that the Benefits Board isn't the place to discuss benefits policy and then an MSE Official posts something like this?
I suggest that, like all discussion threads, it should be moved to Discussion Time.0 -
Oldernotwiser wrote: »Why are we always told that the Benefits Board isn't the place to discuss benefits policy and then an MSE Official posts something like this?
I suggest that, like all discussion threads, it should be moved to Discussion Time.*SIGH*0 -
From the article:
"However, the £250-£500 vouchers are free money, so for anyone to lose that extra boon is a big shame."
No, they're not free. They are a redistribution of wealth from taxpayers to children.
Hi Chardir,
I totally agree - the quote had just been subbed down a bit but I have added a caluse back in because it is important.
Here it is in full now (and in the article):
"However, the £250-£500 vouchers are free money given back to families by the government, so for anyone to lose that extra boon is a big shame.""
DanFormer MSE team member0 -
Good- pretty much the first thing I've agreed with the tories on, but as the article points out there is no actual provisions that can be made against it all being spent down the pub!
There is no real reason for randomly handing out money to kids.This is my opinion. There are many others like it but this is mine:kisses2: Fiancee of the "lovely" DaveAshton :kisses2:I am a professional ebay seller. I work hard at my job, I love my job, if you think it's silly that's your problem not mine.0 -
TurkishDelight wrote: »Good- pretty much the first thing I've agreed with the tories on, but as the article points out there is no actual provisions that can be made against it all being spent down the pub!
There is no real reason for randomly handing out money to kids.*SIGH*0 -
It was a crazy idea in the first place, it'll be a good thing if it is scrapped.Stompa0
-
I totally agree with the conservatives on this.
I'll go one further and say that Child Allowance should be means tested.( I'm a mother with two young children, I cannot understand why the government gives out money to those parents who are on joint income of 60K and over)0 -
I totally agree with the conservatives on this.
I'll go one further and say that Child Allowance should be means tested.( I'm a mother with two young children, I cannot understand why the government gives out money to those parents who are on joint income of 60K and over)
Yes, so do i, but NOT means tested to the boundary of £16K family income. I really appreciate my Child Benefit payments and we are on 24K. We aren't entitled to any of the other means tested benefits but take out our bills and we are not a penny better off than someone on full benefits. We could scrap the job, or get a lower paid one and be the same financially but that would be immoral and we'd rather earn what we have rather than rely purely on handouts.
I do think there should be more incentive for working families though as it is just too easy to not work and claim benefits and never have any reason to bother working.Mummy of 3 lovely munchkins :smileyhea0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.4K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.4K Work, Benefits & Business
- 599.7K Mortgages, Homes & Bills
- 177.1K Life & Family
- 258K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards