The UK government is prepared to axe child benefit - USWebPros Articles_7966

火车采集器html简单模板示范

The UK government is prepared to axe child benefit - USWebPros Articles

Time is about to come when you are not able to get advantage of child benefits because UK government is making some criteria抯 to provide it to the most required people.It is yet unclear how the UK government is intends to implement the planned cuts, but it could include HM Revenue & Customs that administer the child benefit system cross-referencing all claimants against their tax records. The UK government is all set to cut child benefit which is continuously getting criticized as highly bureaucratic and unfair for the single earner families. In October 2010,What do customers want from their wine- - USWebPros Articles_8075, Mr. Osborne declared the plans to scrap child benefit for any household with a parent above the 40% tax threshold - currently about just over ?42,400.In UK,How to Select Cast Iron Dutch Ovens for your Kitchen - USWeb, Child benefit is available for every child below the age of 16. For a first-born child it is worth ?20.30 every week and ?13.40 for each subsequent child. It is paid to the parent who is directly responsible for care of the child. But ministers want to axe the handout for parents earning over ?42,minnesota twins jersey numbers,725 a year.According to the critics, the system is unfair and complicated by the fact that this rule applies to a single-wage earner. But if both parents earned,minnesota twins jersey numbers, for example,Choose the Best Violin for Excellent Performance - USWebPros Articles_6167, ?42,000 each and ?84,000 between them their family would continue to receive child benefit. But the UK government claims that it will save ?2.5billion a year from 2013 by starting to means test child benefit which was traditionally paid to all families regardless of income.On the question of any further changes to the policy,minnesota twins jersey numbers, Chancellor George Osborne said: "We're very clear that it is fair that those who are better off in our society make a contribution to the saving of money we need to make... so we will be removing child benefit from higher rate taxpayers. He added that they haven't set out how they're going to implement that and going to do that in the next few months. Are you in urgent need of cash apply with 12 month bad credit loans @ http://www.12monthbadcreditloans.co.uk/ and get required cash despite having adverse credit.He also said that it's not fair to ask someone who's earning say ?20- or 25,000 to pay for someone who's on ?80- or ?100,000 to get child benefit. He believes that the proposed cuts could save up to ?1bn a year. Shadow Treasury Minister Chris Leslie said that it will be potentially leaving a "black hole" in the public finances and threatening more bureaucracy if people were to be means-tested for the benefit. The UK government has chosen to hit families this time to get the deficit down.