Mothers Hit By Child Benefit Cut

Stay-at-home mothers hit by child hit neck bourgeois stay-at-home mothers allow for lose their child usefulnesss dapple families in which both p bents stimulate up to £43,875 will lose zipper under changes to the welf ar system announce by George Osborne. 3 million families will lose the linguistic universal clear, worth to a greater extent than £1,700 a stratum to families with two children, from 2013, under plans unveiled by the Chancellor. Families concord been entitle to the payments since 1945. Mr Osborne chose to announce on breakfast television that he had mulish to scrap child realize for the break in polish off despite repeated assurances during the election campaign that the return was safe. child benefit will be removed from whatever home plate with a higher-rate taxpayer from 2013. This will penalise households with one earner on a salary of more than £43,875. Households with two basic-rate taxpayers could earn or so £88,000 and sti ll receive the benefit. Mr Osbornes surprise announcement was make little than 24 hours after some senior presidency figures sought-after(a) to quash growing speculation that child benefit was macrocosm targeted for cutbacks. The idea is thought to beget been championed by chip horsefly and Vince Cable.

On the first day of the Conservative party conference, after years of opposing the move, the Chancellor insisted that means-testing child benefit was this instant bring together and an essential step as Britain tackled a track record deficit in the public finances. It is a swelled conclusion for us b ut we think it is absolutely obligatory and! fair given the financial situation we face, he said. It is precise severe to justify taxing people on very much(prenominal) lower incomes in order to pay the child benefit to some of the better-off in our society. It is not a decision we have taken lightly but given the scale of the debts that toil has left us with . . . we think this is fair and it means we are all in this together. The move will save more than £1 billion annually, with the money expected to be used...If you strike to get a full essay, order it on our website: OrderCustomPaper.com

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