Every household?????

[Trainfromredhill]

So, the chancellor is going to give every household £400 for heating. Surely there should be a cut off of household income? The Beckhams, Elton John, james Dyson, Harry styles…….they all get the money too? . I say this as someone in the fortunate position of not needing the £400- I’d much rather it went to someone who does need it.Just seems a huge waste of public money to give it to everyone

I agree. The government shouldn't be subsidising fossil fuels for rich people.

Seems silly. Some well off families don't need it.

Every reply is valid and passing the money on a sensible suggestion.

Regarding ‘virtue signalling’.
You do realise this is an anonymous forum?

Who is virtue signalling @Choufleurfromage?

Why do they have to do it this way, and not just through the price cap? Prevent that rising a further £800 in October and give a payment to everyone through tax credits, UC, and pension? Certainly shouldn't apply to second homes.

We don't need it as we certainly aren't choosing between heating or eating.

However, we are cutting back on a lot of non essential spending. A bit more money in our pocket means we won't cut back as much which means more money pumped into the economy which means jobs and businesses less likely to go under. So yes I do think it 'helps' even if not directly for heating.

Not necessarily. As I have said on a previous post, we all tend to live to our means. When I was 18 and on a student nurse's pay, I thought I was doing well, and that when I qualified, I would save the difference. But no, you rent a flat rather than a hovel, you have the odd meal out, and you have a holiday.
This pattern, or a version of, repeats with each increase.
So no, again, people other than oligarchs and super millionaires are not necessatily flush at the end of the month
Just for info, I am a non-earner at the moment, so anything is a help

those here telling us they are donating the £400 to charity

My dad has a small private pension that is dwindling quickly. This takes him just over the threshold for pension credit and some of the additional extras that come with that.

I’m very glad of the money tbh for me and him. I’m already having to help him out some months on my 25k salary as I manage ok. His electricity company ( only that fuel in his house ) wanted £300 a month, they aren’t getting it. .

Many pensioners aren’t well off at all.

We have a combined income of 30,000 and live comfortably with no particular penny pinching. We don't get any benefits. We have 2 children in nursery as well.

Interested to know where abouts you live that you can afford to have two kids in full time nursery earning a combined £30k. That would barely cover the nursery fees where I live!

Typical Tory response, the voters are peed off, let’s chuck some money at them, but won’t that further increase inflation, Rishi? Bad financial decisions keep on coming.

I work in tax and I’m not actually sure you can do this. If people overpay their tax then it sits on their account and will either just stay as a balance or they’ll automatically issue a repayment at some point. There’s an option on the tax return to donate small repayments to charity but that’s not really the same thing. I suppose people could write and send a cheque saying it was a donation, not sure what happens then as never known anyone who did. Personally I’d rather donate to a charity where a small amount could potentially make a difference rather than being swallowed up in the bottomless pit.

We have a combined income of 30,000 and live comfortably with no particular penny pinching. We don't get any benefits. We have 2 children in nursery as well.

Lots of these types of posts recently. At 30k a year with two kids you will be in receipt of universal credit and child benefit. Stop making out you are a magician with money.

I actually agree with everyone getting the £400. Something was needed for the squeezed middle too...too much squeezing of the middle means they cut out the cleaners, hair appointments, meals out etc which then has a knock on effect further down the economy where people start to loose their jobs.

As the money comess off your bill, (the other money announced yesterday goes to your bank account) how? Of course, I know they could just donate £400 of their own money.

This.

Having been drafted in from a completely different department to support the council tax 'refund' and Ukrainian guest/host payments I'm thinking the same.

it's disgraceful that disabled people some of whom rely on electronic equipment to survive get £150 whilst millionaire pensioners get double.

It's tricky, but yes there should be an income cut off really, but the amount of time that would take to administer and set up might outweigh the financial benefits of doing so. Also, it does feel like a buy off to detract from Partygate.

I have to say I am relieved that it is not based on council tax band this time though. We just missed out with the last one and are low earners.

Everyone's bills have gone up, not just "poor" peoples. You could argue, by the same thinking, that people who earn more pay more tax and contribute more to society financially, so why don't they deserve it too?

Nothing to stop you giving it away, then? But people who protest so much rarely give it away.

Exactly this. The faux frugality is so disingenuous.

Even Rishi Sunk himself :)

Would they save any money?

They'd have to check and test every household income. The costs of that could totally negate holding money back from households.

Isn’t it nice that sometimes those paying the most tax get something back very occasionally?

This^

I'll be keeping mine thanks.

The country has so many more pressing needs than giving £400 to people who don't need it.
Same with Council tax rebates.

This a Corbyn style policy on steroids'

HMRC know how much people earn, should have been given only to those earning less than e.g 50k. with a taper similar to child benefit.

But as i said on another thread, the less well off have so many demands on their limited income, this money may well be spent long before the price cap rises to approx £3000.

I'd love £400 but I don't need it. My gas and electricity is s only £60 a month in total because I'm on a contract for the next year.