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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Original poster

to ask how you will be affected by the budget announcements?

776 replies

manicinsomniac · 08/07/2015 17:24

Sorry if there's another thread about this, I can only see lots of speculative ones.

Now that it's announced ... I admit I'm struggling to get my head around it. I don't think it's as bad as I thought? I don't think it can be that good though? I don't think there's a single thing in it that affects me. I'm not sure about any of that though because I find it all quite confusing!

So, ordinary people from ordinary families/households - how are you going to be affected, if at all?

OP posts:
Dawndonnaagain · 10/07/2015 09:39

I don't think that Betty is trying to silence anyone.

fanjoforthemammaries7850 · 10/07/2015 09:41

There is silencing going on here..but not from Betty

STATUSQUO63 · 10/07/2015 09:43

Yes one person said I Am glad I voted tory. I am £500 better off. I think that is pretty insensitive.

BeautifulBatman · 10/07/2015 09:46

So what? Was there a caveat that you could only answer the OPs questioning you're worse off and didn't vote/hate Tories?

Margaritte · 10/07/2015 09:49

I posted upthread about how this affects us (£2000+) loss. Someone told me this is by next Tax year.
My question now is about the 30hrs plus childcare. I'm a SAHM and DH works full time. 3 Children, with older 2 at school, and my youngest getting their 15 hours nursery next year when they turn 3. Is this still the case? Will I lose even more (CTC?) if I don't put her in the 30 hours and go to work?

Am very confused by this.

STATUSQUO63 · 10/07/2015 09:52

You could just say I am better off. No need to be so joyous about it.

GoodbyeToAllOfThat · 10/07/2015 09:54

Imaginary scenario. Family separate, the 2 children remain with resident parents who claims child credit for them. Resident parent cannot now claim child credit for any further children which is going to make it really hard to start again with a new partner.

And should the state really be in the business of making this easy? Splitting up/re-partnering and starting a second family is not all that great for the kids involved. I'm not sure why the state should take an interest in this at all, much less make it easier.

Margaritte · 10/07/2015 09:58

I just reread my last post. I wasn't asking so the thread gets derailed, I just wondered if the new nursery 30hours will affect families even more, so they lose / gain by this?

BeautifulBatman · 10/07/2015 09:58

Exactly Goodbye - people shouldn't be relying on benefits and credits to plan a family. That's the min reason the new ctc ruled have been made!!!! I understand if circumstances change and you need help. But to plan on that help in the first place? Fuck off.

MikeEhrmentraut · 10/07/2015 09:59

Sorry if it seems like I jumped down anyone's throat, didn't mean it to come across so harsh.

Still, yes the OP asked how you would be affected, and obviously if you're better off then post it. But what I'm saying is a lot of posters have said they are happy with the budget in general, just because they personally are a couple of quid better off. So in reflection, I actually don't think my post was harsh, because it was only those people I was referring to.

MikeEhrmentraut · 10/07/2015 09:59

I just think that's a selfish viewpoint

Pinkball75 · 10/07/2015 10:00

Since we've never had tax credits or child benefit etc, it makes no difference to me. We will be about £600 a year better off thanks to the tax adjustments though.

BeautifulBatman · 10/07/2015 10:01

And I think that getting the hump if someone else expresses happiness when you're pissed off is also selfish.

hampsterdam · 10/07/2015 10:02

We will be 300 a year better off. If I was still a lone parent working part time I would be 1500 worse off. Feel so sorry for anyone relying on tax credits right now.

Timetodrive · 10/07/2015 10:02

The biggest problem for me is tax credits have kept wages low and cost of living high. This has happened over 12 years, yet the working poor are going to pay for the crap government in a third of the time. It is going to take years to reverse this flawed system. People will starve / freeze whilst income reduces quicker than the cost of living rises. We are ok but having a disabled child my chances of my realationship failing are high and our own health is suffering and no matter how much work ethic we have got is worth nothing. If only disabilities could disappear with having worth ethic and making good life choices.

BettyCatKitten · 10/07/2015 10:03

Some peoples lives will be very negatively affected by the budget. Some people are single parents, disabled, are carers for disabled adults and children. Their choices are very limited. They do not need people patronising them saying they should have protected themselves against circumstances that they have no control over. If only life was that simple.
Dawn Fanjo Thank you.
If you are better off, then congratulations to you Wine

2rebecca · 10/07/2015 10:06

I think people forget how recent all this child credit malarky is. When I had my kids and my parents and grandparents had kids you expected to pay for your own kids and when effective contraception came round only had as many kids as you could afford. I think getting back to that is a good thing.
I think a higher minimum wage is a good thing and linking getting money to going out and earning it is a good thing.
There should be a safety net for hard times but expecting a lifetime of money from other people's taxes should be for a small minority of severely handicapped people. Most people should be encouraged to be self sufficient.

cleoteacher · 10/07/2015 10:06

Rubbish E- we don't get any benefits except cb which will. E unchanged for us and so don't rely on the state and have never got anything but cb in the last 2 years from the state but we are affected. Dhs tax will rise as he's self employed . So it's rubbish that unless you are on benefits you won't be affected.

GoodbyeToAllOfThat · 10/07/2015 10:15

Of course there are people who have suffered from circumstances beyond their control.

Likewise, there are people who make repeatedly bad decisions about partners/childbearing/work choices/etc. The fact that blended families have become the norm (see my post above) is not a triumph IMO.

Before anyone jumps down my throat of course you should leave in cases of abuse and obviously people die.

Imachocolateportal · 10/07/2015 10:18

2rebecca ... You hardly have to be "severely handicapped" to prevent you from being self sufficient with the cost of living vs wages in this country (even with the increases). Many disabilities limit earning potential for people.

Viviennemary · 10/07/2015 10:19

It seems that we'll be no better or no worse off. I think the loss of tax credits should have been more for those higher earning people on tax credits. Doesn't seem fair that everyone loses the same. I thought the earnings threshold for tax credits was too high. And the trouble with tax credits was that they were tax free. You would have to have a big pay rise to keep up with them bearing in mind that any payrise would be tax. And I didn't think it was fair that they should subsidise SAHM unless of course there was a member of the family who was disabled.

cleoteacher · 10/07/2015 10:19

Bulldog- yes I know, that's why I am livid. Just need to find out by how much. Hoping it can be balanced out by something else. Apparently the details are really complicated. He's a middle rate tax payer.

Waffly- I feel for them, it's not fair, just like it's not fair for us either. We get no benefits except child benefit and work hard to live, we are not in the mega rich category either but we are being penalised. We could be talking several thousands not just one in my case. Might be better me not going back to work after maternity leave. Going to have to see.

lougle · 10/07/2015 10:52

Viviennemary

It seems that we'll be no better or no worse off. I think the loss of tax credits should have been more for those higher earning people on tax credits. Doesn't seem fair that everyone loses the same. I thought the earnings threshold for tax credits was too high. And the trouble with tax credits was that they were tax free.

Not so. The 41% taper (deduction) is calculated on gross income. By the time each £1 of earnings is taxed, then had NI and taper deducted, it leaves 27p (deduction of 73%) currently and from April 2016, with the 48% taper, it leaves 20p (deduction of 80%)

NickyEds · 10/07/2015 10:53

When I had my kids and my parents and grandparents had kids you expected to pay for your own kids

I don't know how old you are 2rebecca but I'm fairly sure there was married peoples tax allowance etc when I was raised (I'm 36). When my parents had kids two parents ,one on a reasonable salary one on a bit less (we're talking around national average) with two kids, like mine could afford to run a car, have a reasonable standard of living, go on holiday once a year, and, get this, buy a nice family home!!! This would be unattainable for a family now the cost of living and housing has increased so much.

lougle · 10/07/2015 10:56

As I posted upthread, that 20p then ha's a further 17p deducted from housing benefit and council tax reduction, leaving 3p net earnings.

To gain £30 overall, you'd have to earn £1000 before tax.