MSE News: Summer Budget 2015: Millions to face benefit cuts

zagfles

Icequeen99 wrote: »

The CTC threshold will be £12125.

CTC threshold is calculated as a result of the WTC basic + WTC couple element x 100/48 + 3850.

IQ

IQ have you seen the other thread where the Guardian calculator is assuming the "CTC only" threshold is staying the same at 16105?

I assumed it's wrong, however...

There's no mention of the CTC only threshold in the budget document. Looking at the legislation, this threshold doesn't look like it's calculated by legislation as the point where WTC basic & couple/lp elements taper to zero, but set annually by SI. It's always been set at that rate, but it's not automatic by the look of it.

The legislation for CTC calculation says to use the "CTC only" threshold, or the point at which WTC is tapered to zero, whichever is the higher.

So, could the Guardian calculator be right?? It makes a massive difference, I'd have thought it would be highlighted in the budget document if they were freezing it?

pleasedelete

A_Flock_Of_Sheep wrote: »

Who on earth earns < £3,850 a year. No one would get out of bed for that. You may as well be on JSA.

You do know that many many working people work for less than that? When had my second child my childcare was £100 a month MORE than I earned for almost a year.

But as a professional at the time in the early stages of my career I thought that it was worth it long term. I now earn a very decent salary- friends who gave up work call me lucky- all the time- you are so lucky to have your job. No I work 70 hours a week, I made sacrifices along the way.

I sometimes think that people don't realise what long hours working people really work. The idea that 16 hours or 20 hours or 30 hours is a realistic amount for people to work is just ridiculous. If you have to work 60 hours a week to care for your family, as they are your responsibility- you do it.

starM

Hi, I have 2 childrens - I am working full time, my partner not working.

My income is 25k - How will that effect me? I am currently in receipt of Tax credits - will that be reduced?

Thanks
MS

Icequeen99

zagfles wrote: »

IQ have you seen the other thread where the Guardian calculator is assuming the "CTC only" threshold is staying the same at 16105?

I assumed it's wrong, however...

There's no mention of the CTC only threshold in the budget document. Looking at the legislation, this threshold doesn't look like it's calculated by legislation as the point where WTC basic & couple/lp elements taper to zero, but set annually by SI. It's always been set at that rate, but it's not automatic by the look of it.

The legislation for CTC calculation says to use the "CTC only" threshold, or the point at which WTC is tapered to zero, whichever is the higher.

So, could the Guardian calculator be right?? It makes a massive difference, I'd have thought it would be highlighted in the budget document if they were freezing it?

Yes i have replied on the other thread. I am 100% certain that I am right ha ha :rotfl:

Why would they announce it in the Budget if there is no change?

IQ

preciousillusions

So am I right in thinking, in terms of the freeze on housing benefit/LHA that basically:

The LHA amount for each year will remain the same. But each year rental costs will rise and so many will be forced out of their accommodation to find cheaper places or will have to pay more of their rent in addition to the benefit they receive?

This is what has me worried. As someone in the ESA support group and in receipt of higher rate care DLA I am 'safe' there for now, but I am in receipt of full housing benefit and scared I won't be able to afford my flat next year if the rent is increased which I imagine it will be. The cost of moving would be another issue with the extortionate amount private landlords & letting agents charge .

I just wanted to clarify that I've got this right in my head. It seems so wrong as so many people are entitled to full housing benefit but of course this won't be 'full' at all as the years go on if you take rent inflation into account.

bloolagoon

preciousillusions wrote: »

So am I right in thinking, in terms of the freeze on housing benefit/LHA that basically:

The LHA amount for each year will remain the same. But each year rental costs will rise and so many will be forced out of their accommodation to find cheaper places or will have to pay more of their rent in addition to the benefit they receive?

This is what has me worried. As someone in the ESA support group and in receipt of higher rate care DLA I am 'safe' there for now, but I am in receipt of full housing benefit and scared I won't be able to afford my flat next year if the rent is increased which I imagine it will be. The cost of moving would be another issue with the extortionate amount private landlords & letting agents charge .

I just wanted to clarify that I've got this right in my head. It seems so wrong as so many people are entitled to full housing benefit but of course this won't be 'full' at all as the years go on if you take rent inflation into account.

Depends - I think some landlords use the LHA as a rent indicator. Whether your landlord will put your rent up is nothing anyone can guess.

preciousillusions

Hmm I don't think mine does or will as it's a private landlord (was told by council their only recommendation was for supported housing as have mh issues so no point in going on their housing list) but thanks, it's what I thought it was *sigh*. My landlord isn't the most reasonable tbh and seems to think fact that money doesn't come from my own pocket means he can take the !!!! a bit.

A_Flock_Of_Sheep

bloolagoon wrote: »

People can become disabled after working and saving.

And some disabled people receive large compensation payments for all kinds of injuries such as workplace injuries.

MEMBER02

poppy10 wrote: »

Why should any OAPs get free TV licenses? Why are they any more deserving of a free license than say a young couple who have lost their jobs, or a family looking after disabled children?
I know plenty of OAPs who do cavort around the country on their free bus passes, including several who just spend all day riding on various buses just for a trip out.
OAPs tend to live in larger houses as they were built before the modern trend of shoebox style apartments. Many of them do indeed rattle around in three and four bedroom houses that are far too big for them.

Oldies benefited from cheap house prices (supported by a massive government programme of housebuilding in the postwar years), free university education with no fees or loans to pay back, and a more generous welfare state than we have now. They also often had final salary pension schemes that have been withdrawn for us younger folk.

This is from MoneyWeek:

Poorer oaps are also excluded from
a-bedroom tax if living in social housing
b-council tax(get 100% support)everyone else on benefits has to meet at least 20% of the cost
c-disabled pensioners in receipt of dla will not be required to apply for pip

rogerblack

MEMBER02 wrote: »

c-disabled pensioners in receipt of dla will not be required to apply for pip

I wouldn't make large bets on c lasting this parliament.