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apologies for being behind the times-child benefit??? advice please

4 replies

Trebuchet · 02/03/2011 21:12

sorry have spent last few months in sleepless, melancholic fug....

When does C B start being means tested and what is/will be the cut off point.

Thank you please x

OP posts:
gilmoregirl · 02/03/2011 23:23

I think that from the new tax year only families with no high rate tax payer will receive it.

I could well be wrong so please do feel free to contradict me!

mranchovy · 03/03/2011 00:10

April 2013, but there are significant problems to be overcome to implement it. It is meant to cut in if either partner earns enough to pay higher rate tax, which is expected to be about £44,000 in 2013. So if a single earner in a family with three children under 16 on £43,500 a year gets a £1,000 pay rise they will be will be over £1,700 a year worse off. In fact unless the pay rise is £4,000 you'd be better off turning it down. And a family with two earners each earning £43,500 will be untouched.

So yes, there are a few problems.

cat64 · 03/03/2011 00:19

This reply has been deleted

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Trebuchet · 03/03/2011 10:16

Thanks all I've been under a cloud for a while and missed whats going on in our world!!

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