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Tony Wickenden: Could Budget bring change to High Income Child Benefit Charge?

The High Income Child Benefit Charge has been heavily criticised for the way two-income families, where both earn less than £50,000, are treated compared to a single parent earning more than £50,000. ....

National Insurance , Tax Law Review Committee , Fiscal Studies , High Income Child Benefit Charge , Child Benefit ,

If you pay taxes in Britain, prepare to get out now

Explain taxes to a child and the most likely response will be “that’s so unfair”. Adults, on the other hand, grasp that taxation is one half of a social contract: tranches will be taken from their pay packets in order that the government can fulfil its basic functions, keeping us safe and secure and living in freedom. ....

Orkney Islands , United Kingdom , United States , Jeremy Hunt , Rachel Reeves , Taxpayer Alliance , Ministry Of Defence , World Bank , Tax Law Review Committee , Department For Work , Equality Act , Making Tax Digital , Social Contract , Disability Benefits , Income Tax , Marginal Tax Rates , Tax Law Review Committee ,

Parents earning over £100k being punished by Hunt's tax traps, says IFS

Parents are facing “insurmountable barriers” to work once they earn more than £100,000 forcing them to cut back working hours to keep hold of childcare perks, according to a new report. ....

United Kingdom , City Of , Jeremy Hunt , Tax Law Review Committee , Institute For Fiscal Studies , Office For Tax Simplification , Fiscal Studies , Tax Simplification , High Income Child Benefit Charge , Child Benefit , Marginal Tax Rates , Tax Law Review Committee ,