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

Snooze

Carolt, how about you give me some of your massive joint salary to me to help pay off my new £20k car purchase?

"Not the same", you say? Well actually, yes it is the same.

Me : new car = my choice
You : kids = your choice

Can't afford kids - DON'T HAVE THEM. Simples. :mad:

roddydogs

carolt wrote: »

Totally agree - if that was all they got.


But my point was that it isn't is it?

And why should families where both parents work and earn £43,999 be entitled to child benefit, whilst the same family where one earns £44,000 and the other earns pin money, are entitled to nothing.

Total mess.

2 people working

---

total income tax,paid say £8000 pa
1 person working, total income tax, say,£4000 pa.......so the extra income tax paid is more than enough to pay the "Child Benefit"

wymondham

Is it just me, or does anyone else think that anyone earning £40k should'nt need it anyway, regardless of the breakdown??
Lets be realistic, it's not that much when your wage is in the 40% bracket???

elaina79

tyllwyd wrote: »

How will it affect pension entitlement for women - based on my OH's salary it looks like I'll lose child benefit, which obviously I'm not delighted about but that's the way it is. But at the moment I get credits towards my state pension because I'm claiming child benefit for a child under 12 - will that continue? Otherwise I lose out twice.

Thats a good point. Don't think anyone has thought of that:eek:

vivatifosi

Cameron has been on Sky News this morning, suggesting that the Conservatives will allow the transfer of tax allowances within couples so that the SAHM's allowance can be used by the working partner, thus bringing out of 40% rate many sole earners. What I can't work out is whether you have to be married to benefit.

mbga9pgf

I hope so. We need to re-establish the normal "family unit". Mother and Father married.

Really2

mbga9pgf wrote: »

I hope so. We need to re-establish the normal "family unit". Mother and Father married.

They are, just to different people.

I cant believe this cut cause so much frothing, a cut of benefits to the top 10% of earners? It affects 1.2m family's that is all.

If it is as unfair as increasing income tax to top rate earners but for some reason that would go past without this much frothing.

I could understand it if this was going to affect some of the poorest in society but it is not, it is some of the richest.

I bet the people on £15K -£20K are thinking why this was never cut sooner. Why is someone on 2X-3X what they earn still getting a benefit at the same rate as a lower earner?

It may be slightly unfair but lets face it there will be more familys earning £88K+ and have a top rate earner than family that earn £88K and don't.
Life is unfair but in reality it is not losing something people can not afford to lose.
I would rather lose ours than some one on half my wage lose it TBH.

daveyjp

It's obvious from this morning's reports that the Conservatives are kite flying a policy.

The injustice of a couple earning £88,000 and keeping CB, but a single parent earning £45,000 and losing it hasn't been thought through.

Allow transfer of tax allowances, but then you lose higher rate taxpayers and revenue.

Tax policy is being made on the hoof.

carolt

Snooze wrote: »

:mad:

I am utterly DISGUSTED by carolt's posts in this thread!! £60-70k joint income and yet she still wants my taxes to feed and clothe her kids???????? Unbelievable. :mad:

There are some seriously greedy and selfish people in this world... :mad:

Well, if that's the case, I'm sure you'll be more than happy to contribute to my thread on what YOU would be prepared to sacrifice to cut the deficit.

As you're not a hypocrite, are you?

I assume you'll be rushing to pay back all that unjustified child benefit your mother received for you when you were a child, too - or is just other people's children that need to suffer?

It's OK as long as your childhood was subsidized isn't it? But outrageous if other people's childhood is subsidized by a single penny.

And I assume that when my children go out to work and you reach pensionable age, you will refuse every penny of pension paid for by their taxes? And refuse medical care via the NHS paid for by - can you guess what? - their taxes?

Bloody hypocrite. :mad:

System

People are only hypocrites if they also receive a benefit for something they don't need and are't prepared to sacrifice it.

Which doesn't really include many people here.