To not have realised that anyone earning over £26k will lose child benefit next year.

[bytheMoonlight]

I started this thread

And have discovered that anyone earning over £26k will lose all benefits inc. child benefit.

AIBU to think this has been massively underplayed in the media and many will not know this.

Thought it was more like 44k?

No way is it 26k

I think YABU to not have realised that changes are afoot - there has been loads of stuff in the media about this ever since the Coalition started talking about changing Child Benefit from being a universal benefit. There is no way it has been massively underplayed!

YANBU to be shocked by it.

It's £26k for tax credits but thought it was 40k ish for child benefit

YABU.

And wrong.

not including child benefit

It is £26k for tax credits, slightly more if you're a single parent £32k I think
It's a massive blow as it really helped me towards my childcare
The h

iPhone sorry!
The holiday cover is so expensive that it's going to cost me more in childcare than I'll earn. I'd be better off taking time off unpaid

It seems that the very people the gov want to get back to work are losing the help they need to do that. Ive always worked full time and paid for childcare but its getting harder to make ends meet and I earn a reasonable salary

I thought it was 44K as well. 26K isn't a high earner.

It's is £44k, the other figure is child tax credit. Maybe delete thus thread so there isnt mass panic!

At the moment it will change to £44k for an individual parent, so if two parents are earning £35k each they will still get it but if one parent is earning £44k then they won't. It is being looked at again.

I think it does include child benfit.

HuntyCat wrote this:

If you have read the Universal Credit Policy Briefing Notes and the Welfare Reform Bill in its entirety, including all amendments, it shows just what a steaming truck-load of shit will rain down on the hard-working but low-paid people that make up the majority of those claiming Tax Credits in just over a year's time.

You are all up in arms about the discrepancies in the Child Benefit thing where a single-earner on £42k will lose Child Benefit - but what about those who will be losing their Child Benefit who earn just £12k for working FT?? No-one has said a murmur about THEM and THEIR children. And it will be the Child Benefit that is lost first when you go over the cap - because Rent help, and help with childcare costs are taken into account FIRST under Universal Credit, then help with basic living costs (that would currently be covered by WTC and CTC). So the Child Benefit will be the last thing added to your benefits, so it will be the thing that you lose when you go over the £26k cap.

I hope that helps some of you to be more informed about WHY some of us on MN are denouncing the Welfare Reform Bill as hurting those who it's aims were to help - the 'hard-working' people that David Cameron promised he would take care of in his election manifesto.

It shocks me that some people think it is a travesty that a couple who have a single earner on £42k will lose their Child Benefit, but it's neither here nor there when a couple with a sole earner on £12k (or even a combined family income of £18k for 1 FT earner, 1 PT earner) loses their Child Benefit.

It is higher rate tax payers who will lose cb-a blow to us as I am a sahm and it the only money I have in my name

However I think the government have realised they have made a massive boo-boo and will announce something to soften the blow ain the budget-maybe capping it at 2 dcs or only for primary age children?

its tax credits that are changing for over £26k - but that is so dependent on so many circumstances that it isn't a straight forward you won't get it. It's 26K for couples with 1 child. If your lone parent, have more than 1 child, have a disability, are a carer etc then it may not apply.

No the 26k figure is to do with the benefit cap. Child benefit will be included in that. There is a huge thread in the news section about child benefit reform for families where at least one parent is working. It is going for those earning around 40k IIUC.

Information on the parliamentary publications website says that CB won't be absorbed into the Universal Credit.
That is in a statement by Oxfam in response to the proposals.

Bellstar - that surely is for you to sort out with your DH?

That's good news, ali. UC terrifies me. Still, it does seem that we really are all in this together. Higher and lower-income families will all be affected.

The only people who won't be are people like the multi-millionaire inheritance-rich Camerons
Who did claim disability benefits they were perfectly (and sadly) entitled to, but could easily have afforded to live without.

I never understood the whole "it's my only source of money" from stay at home mums, i quite happily helped myself from DH's salary for whatever i wanted. Maybe CB has allowed some men to mistreat their wives financially and it'll show some men up when suddenly they have to give their wives some financial freedom and share because she hasn't got CB for coffees, shoes etc.

Do you have to let them know / reclaim if you are entitled chat, it looks like we will earn too much for tax credits but still qualify for Cb.

entitled to child benefit

heswall-were you meaning to sound like a bitch when you posted that comment? my cb doesnt go on coffee and shoes-it pays my dcs school dinner money,activities and their clothes and shoes.

Yet another kick in the teeth for sahps.

violet I don't think there has been a decision on the mechanism yet. The one I keep seeing mentioned is that you will continue to claim (mainly to protect your HRP for NI/pension purposes) and the equivalent in tax will claimed back from the HRT via tax return.

Ali i am hoping it will work that way too. Don't want to lose HRP.