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Recommend "Andrew Grice" - Child benefit cuts will hit not only affluent but low-income families as wellv (Email)

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Andrew Grice

April 25, 2011

http://www.independent.co.uk/news/uk/politics/child-benefit-cuts-will-hit-not-only-affluent-but-lowincome-families-as-well-2274408.html

The Government's squeeze on child benefit will hit families on low to middle incomes as well as the better off, according to a new analysis for The Independent.

The research reveals that 36,000 working households in the bottom half of the income scale will lose their child benefit in January 2013, when it will be axed for families with a taxpayer on the higher 40p in the pound rate. They will lose an average of £2,160 a year in 2013-14 – between 4 and 5 per cent of their household income.

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