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Child Benefit axed for higher income families
Comments
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Sweeping generalisation.
it might be, but 44k a year is a lot of money no matter what anyone wants to beleive as its around 50% more than my family live of,
yes everyones situation is different but if someone can not live off 44k a year then they must have overstreached themselves at some point, if thats getting a big mortgage or other debts it is still overstreatchingDrop a brand challenge
on a £100 shop you might on average get 70 items save
10p per product = £7 a week ~ £28 a month
20p per product = £14 a week ~ £56 a month
30p per product = £21 a week ~ £84 a month (or in other words one weeks shoping at the new price)0 -
cheepskate wrote: »BUt in this country there is a whole host of people who do not even think about how to support themselves never mind the hoard of children they will spin out.
Very true. Somehow I doubt they will be affected by this new income rule.
CB, WTC and CTC claims should be capped at 2 children for everyone.0 -
agreed I know a couple who have just had their 6th child, neither of them work...0
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got-it-spend-it wrote: »But for someone living in a relatively expensive part of the country, who has bought a house near the top of the market, went to university since the abolition of grants so has a student loan to pay back too then suddenly £44k household income isn't huge at all.
ha, i live in Kent so one of the most expensive parts of the country, ok i dont have a massive mortgage as i have a doer-uper but at current market value the house is still worth around 250k, i do also have a student loan as i went to uni after they got rid of the grants, so sorry but in my mind 44k is a very good household incomeDrop a brand challenge
on a £100 shop you might on average get 70 items save
10p per product = £7 a week ~ £28 a month
20p per product = £14 a week ~ £56 a month
30p per product = £21 a week ~ £84 a month (or in other words one weeks shoping at the new price)0 -
It's fuzzy logic to me.
Family a earn 88k and get the benefit, family be earn 45k and don't.
Simple fact is couple this with the changes to childcare vouchers and the typical loss is net of £130 which is a big chunk of cash to anyone.
44k isn't a huge salary - plenty can live off it plenty can't.
A modest house where I live is well over 250k. You'd stuggle with a mortgage of that size on 44k0 -
I think it's disgusting that child benefit is still paid to foreign workers living here whose children still live abroad!! That should have been stopped first. And it's not racist to say that before anyone starts, this country is in a mess it's common sense to only provide the money for children in this country we're not a charity.
I know the state isn't a savings scheme but people paying 40% tax are already paying alot of tax, l don't see why they should be penalised, it's nice to get something back.
Happy moneysaving all.0 -
to be honest from my point of veiw anyone who is struggling on 44k a year must have over streached themselves quite badly, my household income including all benifits we are entitled to is under 30k and we survive on that with a family of 5, mortgage, other debts etc
How can you say you can survive on 30k when you have debt? Surely if you have debt, it means that you can't survive on 30k?
We''l lose it then and whilst I have always said I would be ok with it, I would like to see the Government make cuts/changes in other areas too. I'll listen on october 20th with interest.0 -
john_white wrote: »It's fuzzy logic to me.
Family a earn 88k and get the benefit, family be earn 45k and don't.
Simple fact is couple this with the changes to childcare vouchers and the typical loss is net of £130 which is a big chunk of cash to anyone.
44k isn't a huge salary - plenty can live off it plenty can't.
A modest house where I live is well over 250k. You'd stuggle with a mortgage of that size on 44k
this proves the plan is ill-thought out.0 -
We will loose it as salary £46k. Next door both work and earn £80k between the 2 of them, so they will still get it? I agree that maybe capping at 2 children would be fairer but this way of doing it doesn't make sense. I only gave up due to lack of childcare here. No after school club, no nursery in our town. How are we supposed to both work? We have cut back on everything, we have no loans etc. £44k is quite a low threshhold.Too many children, too little time!!!
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How can you say you can survive on 30k when you have debt? Surely if you have debt, it means that you can't survive on 30k?
we can as i havent added to the debt in around 2 years and have been paying it off as much as possible,
the debt was gotten whilst i was younger and reality hadnt kicked in as much and i had brought into the buy now pay later once you have got all the promotions you are hoping for message that was aroundDrop a brand challenge
on a £100 shop you might on average get 70 items save
10p per product = £7 a week ~ £28 a month
20p per product = £14 a week ~ £56 a month
30p per product = £21 a week ~ £84 a month (or in other words one weeks shoping at the new price)0
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