06-04-2017, 08:29
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#26
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Senior Member+
Join Date: Mar 2013
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Re: Child Benefit
Quote:
Originally Posted by Neil
The £100,000 is a sticking point. If you have 2 parents earning £49,999 each totalling £99,998 per year you will get full child benefit. If however you have one parent earning £60,000 and the other parent decides to stay at home and look after the children then you get nothing.
If you are in employment and earn between £50,000 and £60,000 you get a percentage of the full child benefit, you can thank the Tories for that. You also have the pleasure of filling in a tax return every year even though your company pays your tax by PAYE. Again thank you Tories.
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So this is what used to be called family allowance then.
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