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Tax credits look set to go for those on 30k+

tinkerbell28 Avatar
6y, 5m agoPosted 6 years, 5 months ago
So it looks like those on 30k are set to loose tax credits, linky in first post. Yes it's the DM but once papers start talking figures I have seen in previous budgets it tends to be spot on.

It's suggesting this is from NC himself, so this is the first time I have seen an actual figure, lots of speculation at where the axe would fall.

So right or wrong? Personally I think they have got it just right.
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tinkerbell28 Avatar
6y, 5m agoPosted 6 years, 5 months ago
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#1
Seems that those who strive to do well and get decently paid jobs are kicked in the teeth yet again.

Well it depends how many kids they have. Plenty of well paid people have plenty of children.
#2
Thats just wrong.

Got my 1st due in Oct & they seem to be taking everything away from people with half decent jobs & giving it to the low life scum who have 20 kids and cant be arsed going to work !!!
#3
tinkerbell28;8858863
I agree there BUT if you earn over 30k do you really need govt money?


I would say yes. Most of the damn cash is taxed anyway & I've still got nowt left at the end of every month :x
[mod]#4
Completely agree with this and what tinkerbell has said. Do you really need government funds if you earn over £30k.
[mod]#5
ChrisUK
I would say yes. Most of the damn cash is taxed anyway & I've still got nowt left at the end of every month :x


Why do you say yes?
#6
ChrisUK
I would say yes. Most of the damn cash is taxed anyway & I've still got nowt left at the end of every month :x


+1.

Tax the millionaires who won't miss the money, not the rest of us on 30-odd K.
#7
Seems that those who strive to do well and get decently paid jobs are kicked in the teeth yet again.


What about those who strive to do well that dont have kids? wheres my free money? I know plenty of people who have been using this to top up their holiday cash, car fund etc. How about not expecting others to pay for you?
#8
tinkerbell28
I agree there BUT if you earn over 30k do you really need govt money?


There are plenty of well paid people that have several kids and are grateful for a little help. Like someone else said, do nowt, get everything free. Makes me sick.
#9
Child benefit to go too by the looks of it
#10
jimhuf
What about those who strive to do well that dont have kids? wheres my free money? I know plenty of people who have been using this to top up their holiday cash, car fund etc. How about not expecting others to pay for you?


Yes but you don' t have the expense of kids do you?
#11
lol reality kicking in now
#12
pipsqueak
Yes but you don' t have the expense of kids do you?


But if i did i wouldnt expect anyone else to pay for them. You dont get a dog then ask for money to pay for food.
#13
Anyone that's ever fallen foul of HMRC's terrible tax credits system will tell you there more a loan than a benefit...
[mod]#14
jimhuf
But if i did i wouldnt expect anyone else to pay for them. You dont get a dog then ask for money to pay for food.


Haha. Great analogy!
banned#15
jimhuf
But if i did i wouldnt expect anyone else to pay for them. You dont get a dog then ask for money to pay for food.


Spot on:thumbsup:
#16
steve1221
Anyone that's ever fallen foul of HMRC's terrible tax credits system will tell you there more a loan than a benefit...


I agree. Im my experience they give you the money, then at the end of the year ask for it back!
#17
leecroot
I agree. Im my experience they give you the money, then at the end of the year ask for it back!


Spot on. Then they lie about phone calls and refuse to answer questions.
#18
30k after tax = 24k..

Then take away NICs = ?

Then mortgage/rent, bills, essentials etc. I think that would leave around £10k p/a at most, give or take.
#19
rephrased:

Do you really need kids if you earn under £30k.
#20
tinkerbell28
I agree there BUT if you earn over 30k do you really need govt money?


dep[ending on the circumstances, yes, im forma 3 kid family i would say my parents odnt deserve it though since the household income is around 150k i think, but say 3 kid families whos household income is 35k, i think they still deserve it
#21
jimhuf
But if i did i wouldnt expect anyone else to pay for them. You dont get a dog then ask for money to pay for food.


Having kids and bringing them up responsibly is a valuable contributuion to society in my opinion. Therefore, those parents who have families and treat parenting as a very reponsible job should be helped out; those scummy gits who have kids as a way to get more benefits and then don't act as repsponsible parents should not get benefits. I don't think having a dog is quite as positive contribution to society as brning up well educated, well maneered children; if it was then perhaps there would be benefits to help you doi it.
#22
Well for you people who voted in this scum of a government you have nobody to blame but yourselves...
Tories are renound for ripping off the working population of this country ..
Memories of the 80's spring to mind..
If you voted Tory then its your fault
#23
stewby
Having kids and bringing them up responsibly is a valuable contributuion to society in my opinion. Therefore, those parents who have families and treat parenting as a very reponsible job should be helped out; those scummy gits who have kids as a way to get more benefits and then don't act as repsponsible parents should not get benefits. I don't think having a dog is quite as positive contribution to society as brning up well educated, well maneered children; if it was then perhaps there would be benefits to help you doi it.


I agree with you but by having a system that can be exploited ultimately leads to it been exploited. However is it responsible to have a child if you cant afford to raise it? Wouldnt it be a better system to get rid of benefits and reduce taxes.
#24
jimhuf
I agree with you but by having a system that can be exploited ultimately leads to it been exploited. However is it responsible to have a child if you cant afford to raise it? Wouldnt it be a better system to get rid of benefits and reduce taxes.


Would be far better to have a system with lower taxes and less or no benefits. Unfortunately, the situation I see coming is removal of benefits for those on middle incomes coupled with a hike in taxes. I can honestly see a situation where we would need to sell our family home under this new regime; we could afford to have kids when we had them and still can but not if our income is constantly being chipped away at It is the scrounging gits who exploit the system that are causing the issue, yet we all have to suffer for it. Seems like a famailiar story in life these days that the honest and responsible majority are penalised for the negative actions of the majority. Frank Fields is a complete turd anyway.

I agree as well about not having kids if you can't afford it or aren't in a position to be a good parent. I have just had my class from hell. 16 year olds studying entry level motor vehicle repair (we are talking changing a wheel at best). I teach them maths and me and my teaching assitant have just had the 'who on earth will ever give them a job' conversation. All our tax money is doing here is paying me to teach them and delay them going on the dole for a couple more years.
#25
Have to agree that if you can't afford to bring up a child you shouldn't have one. The world is grossly overpopulated anyway so it's not really adding anything to society except another mouth to feed.
However bringing up your children to be educated is extremely important as otherwise the world will be totally overrun by morons, but you shouldn't need extra money for that.

£30k should not require any additional benefits, I earn waaaaay less then that and I support my wife, have a mortgate and we have 2 cars plus all the mod cons, I do get a whopping £50 working tax credit which is nice but hardly makes a difference, and I surivive just fine thank you.

I dream of earning £30k and would certainly not expect any help from the government on top of that.
#26
Satan_Claws
Have to agree that if you can't afford to bring up a child you shouldn't have one. The world is grossly overpopulated anyway so it's not really adding anything to society except another mouth to feed.
However bringing up your children to be educated is extremely important as otherwise the world will be totally overrun by morons, but you shouldn't need extra money for that.

£30k should not require any additional benefits, I earn waaaaay less then that and I support my wife, have a mortgate and we have 2 cars plus all the mod cons, I do get a whopping £50 working tax credit which is nice but hardly makes a difference, and I surivive just fine thank you.

I dream of earning £30k and would certainly not expect any help from the government on top of that.


The world needs kids; but well educated kids who will become hard working adults. If not who will do all the jobs when we are older? What the world (and the UK) doesn't need is for people to have kids who are destined for the dole queue. We should have s system that encourages good parenting whether with finanical incentives or other incentives.
#27
stewby
The world needs kids; but well educated kids who will become hard working adults. If not who will do all the jobs when we are older? What the world (and the UK) doesn't need is for people to have kids who are destined for the dole queue. We should have s system that encourages good parenting whether with finanical incentives or other incentives.


I agree with this, but how on earth would you be able to police who was deserving of the incentive or not?
Sad as it sounds the only real way would be to restrict people from having children who are not going to provide them with the right home enviroment, but again how the hell would that be decided? Income would obviously be a big factor but can't be the only thing that makes a good parent.
#28
You don't actually realise how much a child costs until you have one so to say "if you can't afford one you shouldn't have one" is a bit unfair. Its a lot worse than you think and it gets worse as they get older! I just wish we could send them back down the coalmines again as my lot would be first on the list (as a part time job that is) :thumbsup:
#29
Satan_Claws
I agree with this, but how on earth would you be able to police who was deserving of the incentive or not?
Sad as it sounds the only real way would be to restrict people from having children who are not going to provide them with the right home enviroment, but again how the hell would that be decided? Income would obviously be a big factor but can't be the only thing that makes a good parent.


also no one can predict the future.... i was married and had my kids - my husband worked and i had evening jobs....he left me for someone else, leaving me having to claim benefits for 2 years...i now work but do claim tax credits, without which i wouldnt manage, im training and studying and the plan is in 2 years i will be in a position to not need help. My point being, not everyone on benefits set out to be, so how can a system be fair?
#30
loupomm
also no one can predict the future.... i was married and had my kids - my husband worked and i had evening jobs....he left me for someone else, leaving me having to claim benefits for 2 years...i now work but do claim tax credits, without which i wouldnt manage, im training and studying and the plan is in 2 years i will be in a position to not need help. My point being, not everyone on benefits set out to be, so how can a system be fair?



I think this is a perfect example of why some sort of benefit system is still needed. Problem is, my guess it will be people like you who miss out, whilst Betty and Berty Slob and their brood of 6 kids, 3 of who are past school leaving age and could be out earning; all sit at home doing sweet FA apart from couting their government hand outs. And yes, I am having a bad day and feeling very cynical about life in general. Tinkerbell, the big correction in the housing market will impact on thousands of honest, hard working families who had little choice but to buy houses when they were at inflated prices and are now going into negative equity and will be even further into negative equity. It will be good for those yet to buy though.
#31
How about....

scrapping tax credits altogether, sacking all the administration staff who run it and, with the money saved, give it back as a reduction in tax for everyone (or in the state we are in, use it to reduce the debt). I would say that that would be the fairest way. I hate the way that government always targets a group of people to 'help', a true democracy would have a level playing field for all tax-payers - equal tax rates for ALL whether you earn 10k or 200K or 2,000k p.a. Any other system is biased and unfair to someone so should be illegal. A percentage is a percentage is a percentage and is, by definition, fair to all.

I don't see why the decision to have kids, or not, should have a monetary element anyway - have them if you can afford it, don't if you can't (see dog analogy above for further details :-D )

Dave
#32
jimhuf
But if i did i wouldnt expect anyone else to pay for them. You dont get a dog then ask for money to pay for food.


So we should abolish them completely then? Whatever your earnings...
#33
DragonChris
30k after tax = 24k..

Then take away NICs = ?

Then mortgage/rent, bills, essentials etc. I think that would leave around £10k p/a at most, give or take.


30 k salary after your personal allowance is

salary 30,000
tax 4,705
NIC 2,671
Net 22,624

More than enough to live on im sure youll agree - i live on a lot less.
and yes i agree if you cant afford to support your children yourself maybe you shouldnt have them - but who are we to decide who would be good parents and who would be bad parents - money is most definitely not the only factor. Also I know many uneducated people who have made a lot of money by working hard and now own their own companies.
Sadly yes it will be the middle class and the middle earners who have to pay for the banks muck up as the a high percentage of the benefit scroungers will never work and the rich have the accountants to avoid the tax increases.

Now im usually the harsh one saying stereotypes exist for a reason however the only fair way to sort benefits is on a person by person basis and sadly that just isnt possible......thats unfair but thats life

mayeb you shouldn't have all voted conservative..........
#34
loupomm
also no one can predict the future.... i was married and had my kids - my husband worked and i had evening jobs....he left me for someone else, leaving me having to claim benefits for 2 years...i now work but do claim tax credits, without which i wouldnt manage, im training and studying and the plan is in 2 years i will be in a position to not need help. My point being, not everyone on benefits set out to be, so how can a system be fair?


It can't be fair unfortunately.

You say you are working but still need the benefits to manage, however are you earning over £30K a year?
#35
An 18 year old girl in my work who does part time (probably earns around £500 a month from the job) ends up with around £2000 due to benefits (mainly child tax credits).

The whole system needs to be reviewed, this country is backwards.

Too many lazy tramps who will not get off their backside to work. And why should they when they are getting more money for doing nothing than they would for working full time?!

"I cannot find a job" - Most of the time this is down to the fact you don't want a job.
"The hours are not convenient" - Beggars can't be choosers.
"I earn more money on benefits than I would from working" - Your family must be so proud of you son!
"I am depressed and cannot work" - Sitting on your backside, watching tv and smoking 30 a day sure as hell won't help!

GRRRRR!!!!
#36
DragonChris
30k after tax = 24k..

Then take away NICs = ?

Then mortgage/rent, bills, essentials etc. I think that would leave around £10k p/a at most, give or take.


your left with 10k a yr to spend as you wish? good times. £27.40 a day to play with... sounds good to me mate
#37
thrustmaster
An 18 year old girl in my work who does part time (probably earns around £500 a month from the job) ends up with around £2000 due to benefits (mainly child tax credits).

The whole system needs to be reviewed, this country is backwards.


i doubt that she is getting £1500 benefits a month
#38
sensation
i doubt that she is getting £1500 benefits a month


Oh, she is..
Managed to spend £400 on Gucci shoes a few month back which she had no problems boasting about.

Adding to this there is my father who has not worked in 40 years..
Doesn't want to work either..

In a few years he will be getting a state pension.
Good times!
#39
Wirral_guy
How about....

scrapping tax credits altogether, sacking all the administration staff who run it and, with the money saved, give it back as a reduction in tax for everyone (or in the state we are in, use it to reduce the debt). I would say that that would be the fairest way. I hate the way that government always targets a group of people to 'help', a true democracy would have a level playing field for all tax-payers - equal tax rates for ALL whether you earn 10k or 200K or 2,000k p.a. Any other system is biased and unfair to someone so should be illegal. A percentage is a percentage is a percentage and is, by definition, fair to all.

I don't see why the decision to have kids, or not, should have a monetary element anyway - have them if you can afford it, don't if you can't (see dog analogy above for further details :-D )

Dave


so you would be happy with a footballer only getting taxed as much as someone who earns less in ten years than they earn in a week?
#40
thrustmaster
Oh, she is..
Managed to spend £400 on Gucci shoes a few month back which she had no problems boasting about.


madness. hopefully they'll ask it back when they calculate how mush she id due next tax year... lol

my opinion on this though is people on a low wage do actually need some kind of child benefit. If not my partner would not be able to go back to work which she wants to as without benefits we would not be able to afford childcare thus she would have to stay at home being a bum

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