News2 mins ago
Child Benefit "trap"
I always had a feeling this was going to catch some people out.
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The new rules introduced in 2012 were very clear so I don't have a great deal of sympathy with those that have been caught out...but my question isn't about the so-called trap.
My question is....
Can anybody please explain to me the rationale behind the scenario that a couple both earning £49,999 are entitled to the full benefit whereas a couple where only one person works but earns £60,000 is not entitled to anything? To rub salt into the wound, the person earning £60k is paying tax so the couple earning £40k more than him or her can receive child benefit.
This just strikes me as completely bananas.
https:/
The new rules introduced in 2012 were very clear so I don't have a great deal of sympathy with those that have been caught out...but my question isn't about the so-called trap.
My question is....
Can anybody please explain to me the rationale behind the scenario that a couple both earning £49,999 are entitled to the full benefit whereas a couple where only one person works but earns £60,000 is not entitled to anything? To rub salt into the wound, the person earning £60k is paying tax so the couple earning £40k more than him or her can receive child benefit.
This just strikes me as completely bananas.
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I get sick and tired of people slating Child benefit.
Years back families with children paid less tax. This was scrapped as often the main bread winner might go to the pub and spend their wages.
So they changed tax codes and introduced CB which is paid to the main carer. It's only just just enough to feed the children.
And before anyone says you shouldn't have children you can't afford Most people can afford them but they have no control over the breadwinner blowing the money in the bookies or the pub!
Years back families with children paid less tax. This was scrapped as often the main bread winner might go to the pub and spend their wages.
So they changed tax codes and introduced CB which is paid to the main carer. It's only just just enough to feed the children.
And before anyone says you shouldn't have children you can't afford Most people can afford them but they have no control over the breadwinner blowing the money in the bookies or the pub!
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