Okay, I have a quick question as I have been on holiday and not privy to the details.
As I understand it, Cameron and the ConDems plan to withdraw the Child Tax Credit (because that is what it is, not a benefit) for couples where one partner earns enough to be taxed at the 40% rate. This currently stands at around £45,000.
So what if that person is the only breadwinner? And do the couple, both of whom earn £30,000 each (and therefore one-third more than the 'high-earner'), get to keep the credit? It doesn't seem fair to me. I'm just asking to make sure I am completely up to speed.
P
Friday, 8 October 2010
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