Child benefit to be scrapped for higher rate tax payers from 2013

CloudCuckooLand

carolt wrote: »

Hard to generalise.

carolt wrote: »

The person on 23K much more likely to work less hours.

And yet so easy to generalise when it suits...

Graham_Devon

RenovationMan wrote: »

Oh dear, you deleted the post that stated your household income was £44k. Luckily I copied into my response:
Quote:

Originally Posted by carolt
It means I shall have to find more work and my children will see me even less, and when they do, I shall be even more tired. 44K to bring up a family is a tiny, tiny amount, certainly in the South East.

What was it you said earlier?

To be fair, she never stated that was her income. She was looking at the 44k threshold which all this is based on.

I'm not tkaing sides, just not really liking this ganging up on a poster, especially over something that wasn't actually said.

datostar

chewmylegoff wrote: »

this is not right and hasn't been for some time.

current requirements are:

the basic criteria are that everyone who is self employed, who earns £100,000 or more, or who has investment income of £10,000 (gross) or more, has to fill in a self assessment tax return.

Or entitled to Age Allowance (i.e. >65) and in receipt of income in addition to State Retirement Pension which makes them liable to Age Allowance reduction. Often a short tax return rather than the full self-assessment.

Jonbvn

RenovationMan wrote: »

Out of interest, what is your total household income? I feel that if you revealed that, you would be hard pressed to receive much sympathy from others on this forum who are struggling along on much less income. I'll start the ball rolling, our family income is close to £90k and I believe it's outrageous that we received Child Benefit paid for by much poorer people, familes and singles alike.

I agree entirely. Our household income is very healthy. There is no justification whatsoever for the gov't to pay us any benefits.

carolt's arguments are completely without merit, and come across as frivolous.

ukcarper

carolt wrote: »

No, I never stated that my household income was 44K.

The only person to claim that is you.

Someone in your household must be earning over £44k or what are you moaning about because you will keep your child benefit.

Really2

Rainmaker_uk wrote: »

What makes you think this???

That is a foolish and sweeping statement.

I am a higher rate tax payer and my wife looks after our child.

Not only do I lose out on her tax allowance, we got no benefits apart from child benefit.

I fail to see why I am hit by every tax and get nothing back from the state apart from child benefit.

I contribute a large amount in tax to this country and every week I pay more through either income, petrol or other stealth taxes.

I then have to read on this forum the comments from all the ungrateful people on benefits - does anyone ever say thank you? No all they do is attack higher rate tax payers...

Because some one earning £30K somewhere will be in exactly the same situation as you (£30K and a stay at home partner)?

Unless you want me to believe every top rate tax earner as a stay at home partner?

So comparing £60K X 1 and £30K X2 are irrelevant, a person earning £30K is just as likely to have a non working spouse.

You have a go at me for sweeping statements but then try to pass yourself off as the norm????

As a higher rate tax payer do you really think benefits are necessary in this day and age?

jimibaboza

The government gave me the money. I didn't earn it, I don't need it, but if they miss one payment, I'll raise hell! - Abe Simpson

ukcarper

Really2 wrote: »

Do you get that if you work though?

It seems so I put worked over 30 hours gross salary £23k

StevieJ

Arcaine wrote: »

For the first time this year I will be going into higher tax. My wife only works part time so she doesnt have a big salary, so we will potentially lose the Child benefit money. We have one child and have put the CB into an account for him since he was born. Day to day this will not affect our budgets, but I hope we will finance this ourselves. I agree with the Governments decision though and they are right to do it this way, to set up a large means test would cost more than they will save. I know the system is not perfect and I know that there will be claims of unfairness. But in the long run the most important thing is to clear the deficit, once this is done the 44 billion a year saved in interest payments can be put to better use.

Why do they have to means test, why can't they ask for self declaration? as they are with HR tax payers.

kabayiri

When the 'party in power' came to dealing with the mess the last lot made I had a suspicion they would have to milk middle income britain even more.

Looks like it's true then.

It's got naff all to do with fairness. It's just a method to raise extra cash. I don't see the point in dressing it up as anything else.

Those here who have the ability to distribute income between husband and wife to avoid being affected would be wise to start planning now....