Is it right the biggest winners im budget

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So the biggest winners in the recent budget were a couple both earning £60,000. Gaining £5229.

Working parents on £20,000 gained by £594.

Pensioners forgotten.

Seems topsy-turvy.

Aibu to say the Tories really are for putting people down and the leveling up was lies.

There was a thread a week ir so ago. I cannot find it where people were struggling on £100,000 . Maybe the chancellor read that. Obviously they really need free childcare, child benefit etc. Sod the people who earn a fraction of what they do though.

Typical tories though. Is the bribe big enough to vote them in again.

I think that the child benefit changes for the £50k-£60k earners is a reasonable change to the tax system. That accounts for some of that £5k if the couple have children.

Is it unreasonable to ask the ones who voted its fair to explain why?

The ones on that salary are benefiting mainly from the child benefit high income change.

Which needed to be changed as the threshold was over 10years old, and every other benefit has moved online with inflation in one way or another. £50k now is the equivalent of £36k back when it was brought in, or something close to.

Also that tax bracket pay. A LOT of tax. And are incredibly squeezed with no support. It's about time support was brought in for that group

So support those on higher earnings more and not those on lower earnings?

As I said topsy-turvy

It's electioneering and these are Conservatives. That's what they do.

Child benefit should just be universal imo.

But otherwise YANBU. Tories. Don’t give a shit about fairness though.

Will this be because the child benefit coming in for those earning over 50k now and eligible for aome element till 80k?

I believe it was right to increase threshold for child benefit as that cap has been stagnant for such a long time more people falling into it and encourages people to up their hours seek promotion etc
So many women I know have said no point in earning x amount or going for promotion because of the 50k as was before maybe this will encourage more people to take that next step in progression if that's what they want?

Pensioners are some of the most well off people in the country. More than one in four is a millionaire. They get so much free stuff, I've no idea why you would be saying that is topsy turvy

And I hate the tories!

The child benefit changes don't affect us as we earn 75 and 85 respectively but I'm glad to see the changes as it wasn't right before.

The state pension is index linked at least, so the pensioners all got a 10% bump last year. Salaries on the other hand are not guaranteed inflationary increases!

@T0ASTER what free stuff do pensioners get? I def won't have anything when I retire if I ever can!

They get hundreds for fuel every year, bus passes, free tv license

And all the pensioners I know have big houses and way more income than us

Even if he’d added policies like raising the tax free personal allowance which would benefit more people, the people on 60k would still benefit more than the 20k people because their income is subject to all of the basic tax threshold and some higher tax ie they are rightly paying more tax

Someone on 60k single parent will be taking home approx 3400 with student loans and auto enrollment pension .

If they had child care of £2000 a month for say 2 kids that would bring them down to £1400.

That's is 470 more a single parent with zero earnings will receive in universal credit with the same 2 kids -393.45 adult rate + 2x269.38 child element . Before any help with housing which the working person would not get .

And they may have a commute on top along will all the same bills

It is not the fortune you think it is once you get to net pay .

I don’t think you should be framing it as an ‘us or them’. There’s a huge issue with fiscal drag because of the freeze on income tax thresholds, and, whether you like it or not, some people on 50k will be struggling.

Pensions and benefits have increased much more in line with inflation than wages have.

We need more productivity and there needs to be incentives to work more and not to be penalised by losing benefits which would de-incentivise people to go for promotions etc.

We need more growth to fund benefits and these should hopefully encourage more activity in the workforce- same with the VAT change.

Pensioners have more disposable income on average than working families and massively more wealth. And they have received inflation busting pension increases for years because of the hugely unfair triple-lock. The need to fund the triple lock and the increased NHS costs due to more elderly people has meant below inflation pay rises for public sector workers and very high tax burdens on families.

Of course it is fair that some of the disproportionate burden on working families is reduced.

Those lower earners are already in receipt of child benefit, though. And help with childcare via UC. Middle earners have been shafted for long enough, the changes to child benefit are long overdue.

Pensioners have the triple lock. They are fine

This. Their income is the least affected

Child benefit has effectively been frozen for years, we weren’t entitled as DP earns £60k (and works 60 hour weeks). I’m on SMP so the change will be a real help. When I work FT I’m on £35k. Mortgage is £1300 for a small 3 bed house. Realistically the proposed household income makes the most sense in the long run so single parents earning a decent wage are not penalised and families with one higher earner / one lower are not penalised compared to 2 x earning £49k.

Its the only thing we are entitled to, we don’t qualify for any childcare hours until DC is 3 as in Scotland. It’s the only benefit I will have ever claimed.

Parents happily say they have had it good, both were on average wage salaries their working lives but paid off their mortgage in their 50s, have excellent pensions & got a nice top up of winter fuel + cost of living payment last year which they openly admit they did not need,!

Why not? People on low wages get SO much support despite -sometimes- being their choice to work part time. Besides £50k is far from well off. Btw I make under £40k so not even benefiting from that but I think is fair.

I second this. It isn't a race to the bottom.

I didn’t know pensioners have free fuel. We certainly haven’t. I do know that the free TV licence for over 75 was abolished. A bus pass is fine if there are buses that go where you need to go.