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For all of you out there, the 'GOOD INCOME is £44,000 per year before Child Benefit is lost. Lets look at my 'rich' family income of £44,300. Earnings up to £34,000 are taxed at normal rate, after that in the UK they are taxed at 40%. Income is approx £2200 a month after taxes. In the South of England a 20 year mortgage on a BASIC 2 bedroomed house at the average price of £200,000 is £1430 a month - mine is £1293 PM Mortgage £1293pm. Council Tax £114pm, electric and gas another £300, water rates and sewerage £80pm - £1787 out of £2200 - leaving us approx £413 per month for food, clothing, and other bills - phone, running a car (needed for work). We get NO freebies at all, myself and partner have long term medical conditions and have to pay mississippi FULL for our prescriptions. No Credits, no free school meals etc etc etc. My 16 year old and my 17 year old have to pay FULL FARE on school buses. The kid's friends get £30 EACH per WEEK Education Maintenance Allowance which we cannot claim. This is a 'benefit' paid to kids to get them to stay in school from 16-18. AND if these kids stay they get a BONUS for each full term they complete, of up to £100!!!!!!!!! Nothing for my family there! Oh and I nearly forgot - If my kids go on to university - the fees of around £6,500 per year ( for 3+ years) are payable in full as EVEN at the age of 18 or 19 when they are adults, their income is based on the PARENTS wages and not theirs - hence either parents TRY and help or they have to have Student Loans. Their friends from lower income families will get this all free. My children will have left school by the time the changes happen but losing the Child Credit for hundreds of thousands of other families means they have no money for the kid's school fares and expenses. And don't tell me that the kids should get a part-time job - WHERE ???? around here we have had major employers (call centres) lay off thousands of staff this year. A BAD move when the people who put most into the system see their money frittered away on mad schemes or on feckless people who have NEVER paid a penny in taxes. The Scots get free University education, the Welsh get free prescriptions. It does not pay in England to try and work hard and gain promotion to try and better your family life. Shame on all you governments over the last few years who have massacred the so-called 'middle class'. Any historian will tell you that the middle classes are the backbone of each and every country!
When a decision like this is made, there are bound to be borderline cases. Some people with very good incomes have been embarrassed about receiving what used to be called 'child allowances' for decades. I don't live in the UK, but in the late 80s I got into conversation with a woman outside the post office in Oakham, Rutland. She was fuming as she got out of her Rolls Royce! She told me that she had received a letter threatening her with hell fire and damnation if she did not pick up her child allowance money. She said, 'It costs me more to start the bloody car and drive here than I actually get.'
No I do not think they should be given child benefit payments, and now is a good time to stop it and help with the recovery of the recession we are in!
No, but you have to consider the cost involved in setting an upper limit. Who would measure it and what proof would be required and so on, lots of bureaucracy.
Well i think they should abolish child benefit, for everyone. if you can live without it why should you get it and if you cannot, they would increase your benefits, seems logical to me