[the truth]

have to say it was a poor budget overall.....the student grants unnecessary and unfair, the working tax was absurd, the £9 minimum wage is going to prove unaffordable in small businesses in poor areas...and was it index linked for 2020?

[empire]

the tories need to cut down child benefit, to three children only, single mums or couples who are not working, and are having up to five to eight children when they are not working and demand that we pay for there lifestyle, I know couples who work full time, and can just about afford one child, we need to wake up and think that child benefit should of been limited years ago,

[user104658]

Originally Posted by empire

the tories need to cut down child benefit, to three children only, single mums or couples who are not working, and are having up to five to eight children when they are not working and demand that we pay for there lifestyle, I know couples who work full time, and can just about afford one child, we need to wake up and think that child benefit should of been limited years ago,

Child benefit is worth eff all though, £700 a year per child. It's piss in the ocean. It's not even a fraction of how much it costs to feed and clothe a child, especially a school-age child. No one is popping out kids for £700 a year, put it that way.

They've already capped child tax credits to 2 children and that should be sufficient.

[Kizzy]

Noticed a post on facebook saying WTC from 2016 entitlement max will drop to £3,850 but minimum wage will rise to £7.20, WTC can be claimed if you work 16hrs a week.

16 X £7.20= £5,990.40

Therefore won't everyone earn too much to claim any WTC?

[the truth]

Originally Posted by Kizzy

Noticed a post on facebook saying WTC from 2016 entitlement max will drop to £3,850 but minimum wage will rise to £7.20, WTC can be claimed if you work 16hrs a week.

16 X £7.20= £5,990.40

Therefore won't everyone earn too much to claim any WTC?

good point....I can see the logic of what theyre trying to achieve but it just wont happen....simply put the employers in poorer areas of the uk cannot afford £9 an hour for the most basic jobs. this means massive job losses across the poorer areas

[user104658]

Originally Posted by Kizzy

Noticed a post on facebook saying WTC from 2016 entitlement max will drop to £3,850 but minimum wage will rise to £7.20, WTC can be claimed if you work 16hrs a week.

16 X £7.20= £5,990.40

Therefore won't everyone earn too much to claim any WTC?

No, £3850 is the new level where it starts dropping from the maximum. From there, it drops by 48p for every pound you earn over that amount per year. E.g. If you earn £6000 per year you will get

(6000 - 3850) x 0.48 = £1032 less than the maximum.

I believe maximum WTC per year for most circumstances is around £5000, the person in the above example would now get £3968 per year.

Worth noting that that person would currently be getting maximum allowance, so this hypothetical person - already on a low wage - is now over £1000 a year worse off.

You are otherwise right though, seems like it will be technically impossible for anyone to be receiving the "maximum amount", because anyone earning less than £3850 is below the minimum hours requirement.

[Kizzy]

Where did you get £9ph from?

[the truth]

Originally Posted by Kizzy

Where did you get £9ph from?

the budget