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Child benefit to be scrapped for higher rate tax payers from 2013
Comments
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I agree, but could this be the precursor to implementing some kind of marriage related tax relief?
which is equally ridiculous as it would reward the partner who runs off and remarries and penalise the partner who through no fault of their own is left divorced /single.Those who will not reason, are bigots, those who cannot, are fools, and those who dare not, are slaves. - Lord Byron0 -
WestonDave wrote: »The other end of this has just been announced - a cap on total benefits so that a family on benefits cannot have more in total benefits than the average family earns from working.
I assume they will be taking into care some of those kids from very large families living on benefits? for a start they won't be able to afford then rent.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
I think we all agree that very large earners don't need CB, that low income families probably do and that the people in the middle will suffer as the cut off always seems to hit at the point where people on benefits tend to do better than those who work.
It will be hard for people who are caught at the edge of the cut off who rely on the money.
While not diminishing their loss, they do have two year's notice to make adjustment.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
WestonDave wrote: »The other end of this has just been announced - a cap on total benefits so that a family on benefits cannot have more in total benefits than the average family earns from working.
:T:T:T:T
That is fantastic newsMF aim 10th December 2020 :j:eek:MFW 2012 no86 OP 0/2000
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I liked the idea of tax credits, which another poster mentioned.
Why not just roll it up into that?
I realise tax credits themselves are a nightmare, when it comes to administration, but would make more sense than one family losing out severly over another.0 -
I didn't know half of these benefits existed, especially not the amounts before I frequented this board.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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WestonDave wrote: »The other end of this has just been announced - a cap on total benefits so that a family on benefits cannot have more in total benefits than the average family earns from working.
What will the cap be at exactly, have they said? does it include housing?0 -
Would the best thing not to just have all benefits for workers as tax relief?0
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it's the way forwardWestonDave wrote: »The other end of this has just been announced - a cap on total benefits so that a family on benefits cannot have more in total benefits than the average family earns from working.0
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