More than a million better-off families will lose some or all of their child benefit, under changes which came into force at midnight.
The government hopes to save £1.5bn a year to help reduce the deficit.
David Cameron described the move as "fundamentally fair" but Labour said it was a "huge assault" on families.
None bias political views for a new generation. Personal political opinions and commentary on topical British political news. My thorts are i-thorts... My politics are i-politics...
Showing posts with label Minimum wage. Show all posts
Showing posts with label Minimum wage. Show all posts
Monday, 7 January 2013
i-thorts' i-Politics: Child benefit changes take effect
Friday, 2 November 2012
Welfare Cuts? - Not In Our Back Yard!
BBC reported (Child benefit 'nimbys' accused) that Middle-classes are fuming at the thought of losing some (or all) child-benefit one parent is earning from £50,000 to £60,000 and over. (Families of three children could loose £4,000.)
This comes after poorer couples (working under 24 hour a week between them) lost up to £100 week (£5,200 a year) in working tax from this April ... and no one battered an eye or even seemed to report it. These are families on minimum wage, earning under £6,000.
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