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Muddy
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21-07-2017, 09:59 PM
1

The Tax Trap

Is this right ?
Someone with good maths skills needed
basically its saying that a family with two children earning min wage in London is almost as well off a family with two children earning £70k pa.

https://blogs.spectator.co.uk/2017/0...m-wage-family/
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21-07-2017, 10:12 PM
2

Re: The Tax Trap

I know it's already crossed your mind, but just in case it hasn't, don't ask Diane Abbott, other than that I am clueless.
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22-07-2017, 07:37 AM
3

Re: The Tax Trap

I can't really get my head around all the figures but I am not surprised . Something else to think about is , if a couple have kids only one parent has to work 16 hours (only) a week , this 16 hours entitles them to all the benefits going . This is if they are renting a property not if they are buying
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22-07-2017, 07:46 AM
4

Re: The Tax Trap

Also families are working the minimum number of hours to maximise benefits. Why wouldn't families want to spend more time at home with the children these days! I used to be a manager and if I asked a particular single mother if she'd work some extra hours for me, she'd reach for the calculator before giving me an answer.
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22-07-2017, 07:57 AM
5

Re: The Tax Trap

All I remember if my poor father working every hour God made ,doing shifts in. Atedious job in order to support us. My mother never worked and we got no benefits.
Leia
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22-07-2017, 08:17 AM
6

Re: The Tax Trap

Originally Posted by Muddy ->
All I remember if my poor father working every hour God made ,doing shifts in. Atedious job in order to support us. My mother never worked and we got no benefits.
This is what annoys me, my husband used to work four night shifts Monday to Friday then Saturday morning and all day Sunday were overtime, so he worked seven days a week. We had to decide if we could afford to have any more children as we were buying our home and interest rates were sky high in the seventies.
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22-07-2017, 08:23 AM
7

Re: The Tax Trap

The 16 hours figure has IMO ruined many peoples work ethic. Yes I agree anyone would like to be home more but only working 16 hours and getting more money than someone working 60 can't be right.

I've had colleagues hand in their notice when their hours have gone up so they can find a job with less hours to get their benefit. That wasn't the idea behind the top up benefits at all.

Also seems odd if you work 15 hours a week you don't even get SSP or pay ni so you forfeit all benefits.
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22-07-2017, 08:29 AM
8

Re: The Tax Trap

Hi

The ones on Benefits need more.

UJ and Julie say so.
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22-07-2017, 08:30 AM
9

Re: The Tax Trap

Originally Posted by Julie1962 ->
The 16 hours figure has IMO ruined many peoples work ethic. Yes I agree anyone would like to be home more but only working 16 hours and getting more money than someone working 60 can't be right.

I've had colleagues hand in their notice when their hours have gone up so they can find a job with less hours to get their benefit. That wasn't the idea behind the top up benefits at all.

Also seems odd if you work 15 hours a week you don't even get SSP or pay ni so you forfeit all benefits.
Spot on Julie.

As a manager I only had a set number of hours to allocate and had one member of staff on fifteen hours. It meant she didn't get the Working Tax Credits she desperately needed. She asked for one more hour which I couldn't add to her contract so I would give her overtime when I could.
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22-07-2017, 08:34 AM
10

Re: The Tax Trap

Sometime the numbers don't mean anything, the fact that folks from a diverse financial background, coexist in a geographical area says more than the numbers, the important fact is, all the sections form a society.
 
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