Benefits for high earners

katiejones

byrneand wrote: »

Well it seems like every Tom, !!!!!! and Harry who never works and claims benefits knows everything they're entitled to... And yet I still see a lot of satellite dishes, iPhones and play stations kicking around in these areas where statistically over 80% of parents receive welfare payments.

If you re-read the original post, I 'm not saying we want to claim them, simply want to know what actually is available.

By the way, I'm in work on a Sunday doing my 100-115th hour of work for the week. And obviously in reference, to the term "newborn" as was relating to a child.

Thanks again for the help.

For such a high earner, you really do take the biscuit. If someone who doesn't or is unable to work know what they are able to claim, then surely such a high earner as yourself would know what they are NOT able to claim. x

**Patty**

byrneand wrote: »

Well it seems like every Tom, !!!!!! and Harry who never works and claims benefits knows everything they're entitled to... And yet I still see a lot of satellite dishes, iPhones and play stations kicking around in these areas where statistically over 80% of parents receive welfare payments.

If you re-read the original post, I 'm not saying we want to claim them, simply want to know what actually is available.

By the way, I'm in work on a Sunday doing my 100-115th hour of work for the week. And obviously in reference, to the term "newborn" as was relating to a child.

Thanks again for the help.

You think it's something special to work on a sunday?

You do know, don't you.....us minions work sundays too. And we do night shifts on sundays too.

You may want to remember that if you ever need to visit A & E on a sunday night as little Johnny has fell off his bike.

Or when you're in Tesco at 6am on monday morning because you've run out of nappies. You think Proctor & Gamble (they make Pampers ) distribute their goods by teleportation?

princessdon

byrneand wrote: »

Your spot on. I just remember people talking about child ISAs and the alike in the past.

You will get Isa's, junior Isa's, and there are some other tax perks.

Ie childcare vouchers if needed, pensions deducted from tax and you can claim higher tax relief for charitable contributions. Example most zoo, museums, English heritage sites you claim tax relief. When bubba is older this can mean some school activities, brownies, cubs, etc can be claimed too.

poet123

princessdon wrote: »

You will get Isa's, junior Isa's, and there are some other tax perks.

Ie childcare vouchers if needed, pensions deducted from tax and you can claim higher tax relief for charitable contributions. Example most zoo, museums, English heritage sites you claim tax relief. When bubba is older this can mean some school activities, brownies, cubs, etc can be claimed too.

I never knew that, seems strange!!

byrneand

**Patty** wrote: »

You think it's something special to work on a sunday?

You do know, don't you.....us minions work sundays too. And we do night shifts on sundays too.

You may want to remember that if you ever need to visit A & E on a sunday night as little Johnny has fell off his bike.

Or when you're in Tesco at 6am on monday morning because you've run out of nappies. You think Proctor & Gamble (they make Pampers ) distribute their goods by teleportation?

That's not too hard to imagine given the wife is a nurse. I also know she and her colleagues rarely did more than 70 hours a week and in the days that followed she would have the following week off due to the combination of shift pattern and because the c.70 hours they did that week was close to twice their expected working hours.

I don't think I'm something special and that's not at all where I'm trying to take the post. I don't justify the pay of the industry that I work in pays; everyone has the choice to work in whatever industry they want in the knowledge of the pay structure. There's pros and cons to every job. Just don't moan about it post making that choice. I'm just trying to highlight that you don't get into this earnings bracket by doing 30 hour weeks and playing golf all the time.

A brief scan makes me think that due to our income my family are not entitled (and correctly so in my wife and my eyes) but thought it was worth checking!

Chill out a bit

princessdon

poet123 wrote: »

I never knew that, seems strange!!

I never bothered until forced to do self assessment for CB between jan and march. Our local brownies, cubs, guides etc are registered charities (gift aided) as is our PTA. So I save 20% on each trip.

Also the football, rugby clubs registered under CASG rules, so they claim gift aid, so footie fees saved etc.

I was suprised at how much there is as I never looked into this prior.

Also many use a "umbrella" like just giving etc, again you can claim.

byrneand

princessdon wrote: »

You will get Isa's, junior Isa's, and there are some other tax perks.

Ie childcare vouchers if needed, pensions deducted from tax and you can claim higher tax relief for charitable contributions. Example most zoo, museums, English heritage sites you claim tax relief. When bubba is older this can mean some school activities, brownies, cubs, etc can be claimed too.

Thanks for that info.

byrneand

katiejones wrote: »

For such a high earner, you really do take the biscuit. If someone who doesn't or is unable to work know what they are able to claim, then surely such a high earner as yourself would know what they are NOT able to claim. x

Ironically, work commitments actually get in the way of doing such research. Go figure.

Nick_C

Hi Byrneand,

I'm sorry that your question has produced nothing but sarcasm and insults, but I'm afraid that is what 21st Century Britain is like. We are now a society that believes the state owes us everything, the rich should pay for it, and everything that has gone wrong in our lives is someone else's fault.

As someone earning more than £150K pa, you will be entitled to pay a minimum of £60K in tax and national insurance to help to support bone idle layabouts who have never done a day's work in their lives.

You would think that your significant financial contribution to our failing economy would be welcomed, and that you would be congratulated for having achieved a sound financial situation that will allow your wife to stay at home and be a good mother to your children, instead of having to go out to work and farm them out to strangers, but you will not. You will be met with envy and jealousy.

Child Benefit is out of the question, but you can minimise you tax liability by opening a junior ISA for your newborn. Halifax currently pay 6% and you can save up to £3,720 pa, which is locked away until your child reaches 18. This should cover your child's costs once they go to university, so offer you a long term saving.

Despite your immense wealth, a benefit that the envious majority have not yet taken away from you is that you and your wife are still allowed is to invest up to £11,520 each in an ISA each year, avoiding higher rate tax on investment income.

Apart from that, expect to give a lot of money to the State and get very little in return.

Welcome back to the UK! (Are you sure you wouldn't rather stay where you are?)

**Patty**

Actually Halifax pay 6% only provided you as an adult hold an ISA with them too.

And that rate only lasts for the first 12 months, then it reverts to the standard rate.

I know this because I've just opened them for my 3.