Submitted by Rebecca Spencer on Monday 19th December 2022
Published on Wednesday 21st December 2022
Current status: Closed
Closed: Wednesday 21st June 2023
Signatures: 4,401
Relevant Departments
Tagged with
Chang ~ Change ~ Child ~ Child Benefit ~ income tax ~ Minimum ~ Minimum wage ~ Parent ~ part ~ Tax ~ Time
Change the way child benefit high income tax is calculated to total income
Currently if one parent earns over £50k a year they have to pay high income child benefit tax and pay it all back. This is regardless of whether the other parent is unemployed, working part time or on minimum wage. However if both parents earn £48k a year they don’t have to pay any tax back.
The high income child benefit tax calculation should be based on what both parents earn not on the individual parent.
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3.142.43.244 Thu, 21 Nov 2024 15:48:15 +0000