To ask what you think of this joint income?

[Fineapple1]

Joint income of 7596 including child benefit

verdict…
more than enough
enough
could be better

i know it’s dependent on outgoings but but as a general income.

Where does she say they don't claim CB?

They are entitled to it, so why shouldn't they be able to claim it?

They would be paying £30k a year in tax!!

I do also agree it is unfair on single parents.

@RonnIeAl77 you can get it now.

I don't 'work' anything. My salary is my salary and I pay the standard amount that I have to pay into my company pension scheme which I am automatically enrolled in. Same goes for my DH.
We are very lucky that our salaries are pretty equal and both fall so that after our standard pension contributions we are just a smidgen below the threshold.
It's not just the CB aspect that is completely against single parents. A couple on 99k each get free childcare hours saving thousands whereas a single parent on 100k doesn't get anything. I think this should definitely change but me and DH pay 30k tax/NI between us and I'm not going to not claim a tiny benefit that I am absolutely entitled to.

OP should be reported for fraud

sponging off taxpayers while earning loads

What fraud is she committing exactly? 😆😆😆

@Whattodo1610

care to explain how they earn nearly 8 grand a month and still get child benefit?

I really don’t run the benefits system. Maybe start a petition with the government 🤔

Both on 79,999? They will pay tax on the CB but still receive it if both under £80k.

Ffs, it’s a massive monthly income.
Try living on a nurses salary then come back and ask if it’s enough.

Threads like these are why I feel so frustrated when people assume everyone on a low income gets 'top up's and are 'subsidised by high earners'. Our income is a lot less than the OPs (33k a year after tax) and we get the exactly the same benefits as they do (in fact if they have more children they actually get more).

I appreciate the OP's household will pay more in tax and there is an argument that higher earners need to feel they are getting something back so I am aware of that.

This is a silly post. You know it's more than most as the average salarys are way lower. I earn a piss poor wage but work tto and part time and get to drop off and pick up my kids everyday. More important than money imo. Partner in a trade and earns a decent wage. Our mortgage is very cheap too which makes all the difference. There's no point in these threads because some people can live well on not a lot and some need loads of money to keep up with the Jones.

Not sure what the OP is wanting from this post?

Well that’s a fair bit more than DH and I have between us and we feel very comfortable. I’m surprised you still get CB because ours stopped at much lower when only DH was working. I suppose you must earn about equally and both be just under the 40% tax threshold. Seems like a very healthy income to me.

A big house, 2 expensive car loans, childcare, two foreign holidays per year and you are doing worse than me. I live in a flat

Erm, if you're getting that after tax and pensions I'm fairly sure you shouldn't be claiming child benefit

Yeah, never thought it seemed at all fair to single parents.

Previous Governments have said it would cost too much to means test it but I really can't see how.

Depends on how your income is split and is likely to change in the future. if one person earns the majority of that then it leaves them with very little flexibility to go part time, take an unpaid career break etc. if the split is roughly equal, that's a much more stable financial position. It's also important to consider what other assets you have.

Then probably comfortable but not flush

After tax etc and with no childcare costs it's fine, you both earn 60k-63k to maintain your child benefit. You aren't rich or poor, I'd describe you as a middle earner (we earn similar). I'd like to earn more though, although we are just fine as we are and current jobs are 100% wfh and minimal stress. I wouldn't take on a really stressful job that is office based even for a large jump in salary. My husband used to be a teacher earning around 10k more but he looked about 15 years older, his job literally sucked the life out of him. I'd only chase more money if I could stay working from home and I wasn't stressed/overworked. Life is too short!

As a net amount, it's good. Obviously it's not megabucks, but it's better than the take-home pay for the vast majority of households.

The fact you have no childcare bill and a reasonable sort of mortgage repayment (not small, not vast) means I imagine you're comfortable enough to have quite a few luxuries (e.g. a foreign holiday, days out, nice food, a couple of half decent cars etc.). But it's a long way from being able to splash the cash - especially if you're also saving for longer-term goals.

I'd put you in the "comfortably off but definitely not rich" category, if such a thing existed.

I feel like this a humble brag thread, are you seriously suggesting that 7.5k a month for a family of 4 isn’t a lot? 🙄 let’s be real we are in a cost of living crisis thousands of people struggling to put food on the table and your asking if your very healthy salary is ok? Come off it.

1.6k left at the end of the month and your asking if it's enough 😂

Actually confused as to how you get CB if that's post tax income?

With pension contributions etc we earn under the threshold. I have asked and we are all good.