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child benefit cuts

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    child benefit cuts

    Just confirming that child benefit cuts for high earners apply after April 2012???

    Its hard to find the correct info on the web...nothing on HMRC website so i guessed it was next tax year, if anyone can pls confirm?

    #2
    Jan 2013.

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      #3
      Osborne mulling child benefit u-turn

      Osborne mulling child benefit u-turn | The Spectator

      Can these people make any decision and stick to it?

      Comment


        #4
        Originally posted by Sockpuppet View Post
        Jan 2013.
        how will that work being mid through the tax year?

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          #5
          It only affects those not already registered in a Childcare scheme before April 6th 2011. Employees already in a scheme prior to this date will not be affected and will retain their current level of tax savings unless they leave the scheme or are no longer eligible to participate.

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            #6
            I'm pretty sure I lose it on the last of my kids in July 2013, so that's only 6 months without.

            Maybe I should be extra careful with the dividends that year and save them for the following year.

            Keep income a bit below the 40% limit to get £500 from the government.

            Sounds like a plan.
            Never has a man been heard to say on his death bed that he wishes he'd spent more time in the office.

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