Emergency Budget: tax credit cuts for millions

Deepmistrust

joanne_d wrote: »

Then it's up to YOU to do something about it !

If your ex is doing this then i gather he is also not paying the correct amount of self employed taxes and national insurance ?

Maybe a call to the tax evasion line would be of benefit to you ?

If he's self employed, he can't "pay himself a wage". Only if he were a limited company could he do that. So it's unlikely he can avoid tax that way.

So I doubt reporting him, for investigation will help in any scenario I can imagine. Perhaps if she believes he is self employed yet contradictory "paying himself a wage" she actually has no idea as to his status alone, much less any idea as to his profit or income tax.

MissMoneypenny

Deepmistrust wrote: »

I'm sorry for your situation, the construction industry has been hit hard thanks to [STRIKE]reckless bank lending[/STRIKE].
people walking away from their debts.

I've corrected it for you.

Deepmistrust

MissMoneypenny wrote: »

I've corrected it for you.

Clearly, the entire US-led banking scandal bypassed you then, so it's no suprise to find you equally ignorant as to why public sector pay freezes are insane also.

mitchaa

http://www.thisismoney.co.uk/news/article.html?in_article_id=506806&in_page_id=2

It seems the threshold next year is set at £41,329, but after that, in FY 12-13, this drops down to below £30k with the tapering effect starting at just £23k

Interesting.

MissMoneypenny

Deepmistrust wrote: »

Clearly, the entire US-led banking scandal bypassed you then, so it's no suprise to find you equally ignorant as to why public sector pay freezes are insane also.

As you have mentioned "ignorant", I take it you don't realise that the USA "banking scandal" was caused by people walking away from their debts too?

Where did I mention about public sector pay freezes?

[Deleted User]

Deepmistrust wrote: »

Clearly, the entire US-led banking scandal bypassed you then, so it's no suprise to find you equally ignorant as to why public sector pay freezes are insane also.

A large proportion of the scandal in the US was down to people who couldnt afford it and living on welfare taking out 100% mortgages.

Yes the banks were irresponsible for lending to them but why should people not also take responsibility of themselves and know what they can and can not afford to pay back instead of being greedy and wanting it all.

Sparklyfairy

_shel wrote: »

Although I realise many private sector pay cuts & redundancies have already happened bringing much misery I think many people have missed the fact that the public sector redundancies are yet to come.

Goverment departments have all had their budget slashed by 25%. Over the next few weeks they'll figure out where they'll make their cuts in response to losing this funding.

We'll be seeing many more people on the dole queue soon.

Totally. THIS will be a bombshell - especially as he glossed over the details in the speech yesterday. Wonder what they'll entail....But I have to add that yes, as you stated the private sector have seen their pay cuts/frozen, job losses first, it is only fair that the bloated public sector follows suit. I just wonder where all these new jobs will come from then for those looking to supplement their lack of CTC & all the single mums... I don't recall seeing LOTS of incentives in the budget for new/existing business to want to start hiring again...

Deepmistrust

_shel wrote: »

A large proportion of the scandal in the US was down to people who couldnt afford it and living on welfare taking out 100% mortgages.

Yes the banks were irresponsible for lending to them but why should people not also take responsibility of themselves and know what they can and can not afford to pay back instead of being greedy and wanting it all.

Housing shortages and the actually requirment for somewhere to live, is what forced people into the hands of these scandalous mortgages.

Subsequent job losses, as markets and industries slowly collapsed then preventing them from making payments.

The whole sham in the US was far worse than here, but we are feeling its effects even now.

Interestingly that any sympathy at all lies with those that made billions out of those peoples misery.

EDIT: I've never known anyone describe the need for a basic house in their neighbourhood as "greedy" either, mind.

Deepmistrust

MissMoneypenny wrote: »

As you have mentioned "ignorant", I take it you don't realise that the USA "banking scandal" was caused by people walking away from their debts too?

Where did I mention about public sector pay freezes?

The initial post was about public sector pay freezes. No one has said you made the comment.

I'm assuming, by that comment you have minimal background knowledge on the causes of the US recession?

EDIT: I suppose Sub-Prime mortgages are a new concept too?

OrkneyStar

Curlywurli wrote: »

My sister has Down's syndrome. She has to go to the doctor every year to prove that she still has it!

With regards to the tax credit, I understood it as if you earn over £40000 then you won't be getting it.

Is her DLA simply because she has Down's, or because she has additional care needs because of the Down's ?
Is a Down's person automatically always awarded the same rates of DLA ? If not then maybe it is to make sure she is not getting a higher or lower level than she should. Sorry if this sounds rude but it was my understanding that abilities (and hence needs) can vary amongst Down's just as they vary among non-Down's ?
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