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loss of child tax credit with increasing income


arbmark
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I think you're thinking of child benefit. £50k after deduction of pension and salary sacrifices such as childcare vouchers (get these if you possibly can!) It was objected to on the grounds that if anyone in the 'household' earns over £50k it was switched off - that applied if you had a partner move in who was nothing to do with your kids and was paying maintenance in respect of a previous family, so didn't have much left over anyway, whereas two people earning £49k weren't affected. The objections didn't get anywhere in the end and it kicked in in January.

 

Alec

 

Ah, got you, I don't have anything to do with that side of things... :laugh1:

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