im so anxious about threats to cut ctc...

[em83]

god i feel so depressed about the threatened cut to ctc, i have been following the news religiously about this new emergency budget, and have just read an updat which was posted tonigha 22.10 which states that incomes £30.000 or over will not be entitled to ctc

im so pissed off with this and feel so anxious

If you have a baby under one year old you can claim with an income up to 66k (or something like that) - it is a lower threshold if the child is older.

Do you think so fifitot? I guess I think that too really but just hoping it will be effective from April 2011.

Well just because they are going on and on about the need for timely cuts etc. I hope I'm wrong though!

Jollypirate just because someone does not claim their child benefit or tax credits it does not mean they are rolling in money.

We don't claim ours and have to budget carefully.

Here in Belgium ALL child care is tax decuctible and the commune run creches are means tested. Plus education here kicks in at 2.5 and is FREE. With wrap round childcare and holiday clubs. It is fantastic for working parents!

On the other hand I pay more than 50% of my salary in tax/NI. And I was not a higher rate tax payer in the UK.....

jumpyjan I think it is more likely to be the new tax year to be honest. If they just withdrew peoples childcare support and other benefits over night the country would fall apart!

Even things that people do not need in the short term such as the child trust fund - we were told in May that it would be going in August.

I think if things like the health in pregnancy grant go they might stop that immediately - but people will need time for regular payments.

I would happily more income tax. It is fairer as hits everyone proportionately.

tbh,i think the cuts would take effect from april 2011... also would be great if they would take into consideration childcare costs etc !

What they really need to do to make tax credits fair is take maintenance into account. It isn't fair that someone who leaves her rich husband and gets £2k pcm maintenance from him gets the same tax credits as someone who gets nothing. I've never understood why they disregard maintenance and I think it's wrong.

I don't know who it was but someone way back on this thread said something about women and the effect of these cuts, cuts, cuts, in relation to child tax credits and women at work.
Anyway, I have also just discovered that 65% of public sector staff are in actuall fact female; who are about to/have lost jobs, experience pay cuts/freezes and loose CTC-sending families into impossible situations.

I find it puzzling what people here say about CTC's and public sector workers, what with most of us being female with all the same basic needs and desires. Those being, a roof, food, some contentment if possible, good education for our children and good health.

I am wondering if from some of those employed in the private sector it seems to be "envy" of the rights that the public sector has got at work in comparison. It strikes me that if someone else gets a bad deal...then everyone should. Is this a british thing? Why not this instead: if they get paid this that and the other for sick pay etc, then we should aswell and jolly well fight for it! Why is it not like this?

It just strikes me, that tomorrow will hit us hard and looking at what we think they might do to CTC's and public sector cuts, it will hit women [and therby their families].

If it hits us women it will hit of course our dear children.

Regarding maintenance payments, isnt it because ...

only one third of ex's actually pay maintenance?
Is it because children of one parent families are twice as likely to live in poverty compared to a two parent family?
Is it because 39% of single P's own homes compared to nearly 80% of married parents? Is it because it costs more to calculate and means teast further the CTC's and leave lots of people out of claiming it and for the pittance it would save it would not be worth it?
Just out of interest, how many people get £2k form an ex in maintenance?!

I can't sleep and have never felt so hated: I'm a woman, I'm a single parent and I'm not loaded.

I work full-time, 40 hours a week at least and not always regular hours. I earn just over 25k and rely on the childcare element of working tax credit to help me pay my childcare costs. My net income barely covers my rent (I live in a tiny, shabby house in London) and childcare costss. I cycle to work to sav money. I don't have financial support from my ex (who is an alcoholic) and can't rely on him, for obvious reasons, to help put with childcare.

I can't see how we're going to survive and really don't see what I can do to manage the coming doom. It really looks as though I will be better off out of work but I'm desperate to work (I love my job). I would have hoped to eventually get out of reliance on tax credits (increasing my income, reducing my childcare as the kids get older).

The whole approach seems designed to keep women out of the workplace and in the home, but I can't imagine even George Osbourne would think it would be a good idea to make it so that I am much much better off signing on.

There's going to be a huge knock on effect to the childcare industry (again, mostly women), that army of nursery workers, self-employed childminders and nannies will surely find their jobs threatened as a vast swathe of people find that childcare is no longer affordable.

I would imagine the threshold will be different for single parents.

Try being a public sector worker, a woman and on a higher tex band - that is hated.

you don't happen to have apublic sector guaranteed pension do you hornofplenty? - Now that would mean that you're well within the gunsights of the condems!

Yes I do, I am an utter bastard who has bought the country to its knees.

this is a good thread but please can people stop thinking that every comment people make is addressed to them personally!!

here's one for the cuts a lot of public sector workers are on national pay scales ie teacher earning 30k in london earns 30k in scunthorpe and skegness (I'm guessing they're cheaper places to live)
so why not use the cuts in jobs to rationalise this a bit/

here in london 30k will never see you in a house/flat i think you'd struggle for ex lA especially round here but 30k elsewhere is a good salary

threads about the cost of childcre really bring this home

so everyone what do you think? please point out the flaw in my suggestion

of course another rich vein for the tapping is to tax rental income properly, i think holiday let taxation was recently changed so I'm hoping rental income isn't far behind....

tonights evening standard tells me child bbenefit is going from high earners how's that then is it a lie about means testing it costing more than they will save
personally i think that's sad it was important for preserving peoples NI contributions and as someone said it was usually paid direct to the Mother.

the other thing that always made me a bit was all this talk about waiting for the recovery, the recovery of what exactly? manufacturing?

or consumerism, cashpoint houses, unfettered spending of borrowed cash.......

daysoftheweek, teachers in london get london wieghting [a bit more for being n london]. A few years ago, it was changed so they now get less than they did, but they still get more.

is your point to pay londoners more ?

I am just watching the debate and wincing at what will happen to me wage.

They are suggesting I will lose
£4K in pay
I need to pay £1200 more in pension contributions ( which I am happyish to do)
I don't claim child benefit but if I did I will lose another £1k
I don't claim tax credits as we are over the threshold.

So that is for someone on a middle income of £38K £6200

That is about 16% pay cut, not even taking into account tax rises, VAT rises and inflation.

If I was the main wage earner or claimed tax credits it would be an even bigger drop.

I think London teachers need more money, many London schools are chaos as teachers have to leave when they want a family.

the thing with taxing rentals is that the cost will simply be put onto the rentor and then housing bens will go up [to cost the tax payer] or more homeless?
unless you are talking about just holiday rentals?

horn, what channel? what debate?

Not just London teacherse and key workers, but large swathes of the South East -

We recorded it earlier from channel 4, How to save £100 billion.

I am trying to remain calm. We have already accepted that we can't afford another child. I am considering sending the one we have up a chimney.

yeh but for a lot of jobs london weighting is a tiny sum compared to teh difference in costs.

no i think if you are going to freeze the wages of public sector workers you would just freeze those in cheeper areas longer and when you did increase them increase wages in the S by more.....

the point has been maed on here and the papers that in some towns there is a huge divide between those with public sector jobs and those without a lot of recently created jobs (and Im not talking about cleaners/nurses etc but about all the facilitators and the managers etc etc) do have well paid secure cushy numbers of little value to the state

sorry to those in these jobs but it needs saying....

there is also a huge layer of reduplication some nurseries have heads and deputies etc etc for 50 kids some schools have heads of over 1,000 we need to recognise this and think whether we are getting value for money from all of this the vogue here is for federated schools I know teachers hate the idea but how much of that is vested interest rather than logical?