Yesterday, the Chancellor, George Osborne announced that child benefit payments will no longer be paid to couples where one parent earns over £44,000.00 per year or single parents who are working and earning over £44,000.00 per year.
However, couples who are both working and each earn up to £44,000.00 will still be able to claim child benefit.
The impact of this will therefore be on single parents who work and stay at home parents, whose partner or spouse works and earns over £44,000.00 a year.
In reality, couples who are both working, each earning up to £44,000.00, having a joint income of potentially £88,000.00 will still be able to claim child benefit, but couples with only one income of £45,000.00 will not.
There has been much protestation in the news about these cuts today as many people rely on child benefit as a source of income. Traditionally, the parent in receipt of child benefit has been able to use this for the benefit of the children for example to pay for holidays or Christmas without it being pooled with the family income.
Do you think the Government was right to make such a cut? Or do you think that there are other benefits that should be cut instead? Have you been affected by this latest news? Let us hear your views.
Article:-
http://www.bbc.co.uk/news/uk-politics-11464300
Anne Thomas, Legal Executive, Family Department, Hart Brown
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