Tax Credits

kinger101

Graham_Devon wrote: »

You seriously believe that?

The leadership is some years away yet, and this suggests you treat tory party MPs with utter contempt, suggesting everything they say or do is based on their own personal gain.

This does describe most MPs to be fair.

setmefree2

This isn’t a poll tax moment, and the Tories know it

Polly Toynbee


Tax credit cuts will hit struggling families, but Osborne has plenty of budgets to put things right

http://www.theguardian.com/commentisfree/2015/oct/20/poll-tax-moment-tories-tax-credit-cuts-osborne

cells

wont a lot of the tax credit cuts be made up by housing benifit increases?

I just put in some numbers for a couple with one baby so just one of them working and getting £10,000 wage living in a rented home in NW-London.

The tax credit cuts were aprox £30 per week, however the housing benifits increase more than made up for it

zagfles

cells wrote: »

wont a lot of the tax credit cuts be made up by housing benifit increases?

I just put in some numbers for a couple with one baby so just one of them working and getting £10,000 wage living in a rented home in NW-London.

The tax credit cuts were aprox £30 per week, however the housing benifits increase more than made up for it

They will indeed, for those claiming HB/LHA, or those who could because the cuts take their net income a bit lower. But doesn't apply to those who own their home and work 16+ hours.

Shakethedisease

Wonder if the Lords will go through with it..

norman smith ‏@BBCNormanS 1 hr1 hour ago There are now 3 alleged "fatal" motions in Lords to kill off plans for tax credit cuts. Looking quite bloody on Monday....

skintpaul

Should I start a TC claim after I start new job, and get some payslips as backup, or do one beforehand, to get things rolling?

Same applies, to council benefits 4 week 'roll on' -a letter I got says they do that automatically, when details advised, though form given by local office needs employer to confirm pay details..?

CLAPTON

Shakethedisease wrote: »

Wonder if the Lords will go through with it..

I guess that, in the same way Nicola was desperately hoping for a Tory victory at the GE, she is really hoping that the Tories do succeed in the cuts so that, after independence, the SNP can hold power for a year or so without having to slash and burn to balance the books themselves.


But that would be a problem of success, wouldn't it.

zagfles

Shakethedisease wrote: »

Wonder if the Lords will go through with it..

They'd be pretty stupid to. The Lords aren't supposed to make decisions on financial matters, no taxation without representation and all that.

http://www.theguardian.com/politics/2015/oct/21/commons-speaker-lords-tax-credit-cuts-pmqs

https://en.wikipedia.org/wiki/Parliament_Act_1911

cells

zagfles wrote: »

They will indeed, for those claiming HB/LHA, or those who could because the cuts take their net income a bit lower. But doesn't apply to those who own their home and work 16+ hours.

Not sure if you have £100,000 equity in a home you should be treated differently to someone who has £100,000 in a bank

Maybe home-owners that have a need for assistance should have a charge against the home for the same sum

Shakethedisease

zagfles wrote: »

They'd be pretty stupid to. The Lords aren't supposed to make decisions on financial matters, no taxation without representation and all that.

http://www.theguardian.com/politics/2015/oct/21/commons-speaker-lords-tax-credit-cuts-pmqs

https://en.wikipedia.org/wiki/Parliament_Act_1911

Ah well. They did anyway.

In a move the prime minister said overstepped their constitutional right to challenge the central financial decision of the Commons, Lib Dem peers said they had tabled a fatal motion that would require the government to start persuading parliament to endorse £4.4bn tax credits cuts starting next April.


The Labour backbencher Baroness Hollis tabled a motion that withholds endorsement for the cuts until the government produces a scheme that protects all existing tax credit claimants for at least three years. A third motion may also be tabled by cross bencher Baroness Meacher, which may also delay the cuts.

http://www.theguardian.com/money/2015/oct/21/house-of-lords-table-motion-to-block-44bn-cuts-to-tax-credits