Thread: Child Benefit
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Old 06-04-2017, 16:11   #43
Neil
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Re: Child Benefit

Quote:
Originally Posted by gpick24 View Post
I don`t, but someone earning £2,000 a week shouldn`t need to claim an extra £20 a week but they still can.

If 1 parent earns £60,000 you get nothing, if both parents earn £49,999 each you get full child benefit.

If you earn £60,000 per year you will take home £818 per week and pay £335 in tax/NI


2 parents earning £50,000 each will take home £1,414 and pay £508 in tax/NI but still get full child benefit.

What I'm trying to explain, poorly it would appear is that a family with 2 parents with one working can loose out with the current child benefit system compared to 2 parents working but earning a lot more money.
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