Howlader & Co Blog
child benefit withdrawal
7th January 2013
As of today, changes to child benefit have been introduced that will mean that over one million families will lose some or all of their child benefit. Those people with an individual income of over £50,000 lose part of their benefit, and it will be fully removed if they are earning over £60,000. One thing […]
22nd March 2012
In a couple, the partner earning more than £50k will suffer a new tax from January 2013 – 1% of the benefit for every £100 over 50k. This obviously becomes 100% once earnings are 60k. Clearly it isn’t compulsory to pay this tax if benefit isn’t claimed. The welfare system is being overhauled and this […]