Anna B Posted July 9, 2015 Share Posted July 9, 2015 So that's a no then you don't have a link to the article in question, just a news story with spin on it about the article in question. Oh please yourself. The IMS (Institute of Mathematical Statistics) sounds like a pretty reliable, independent source to me. You asked where I'd got the information. I told you. Watch it for yourself and decide. Talking of spin - nobody does it better than weasly George Osborne... Link to comment Share on other sites More sharing options...
phoenixboy Posted July 9, 2015 Share Posted July 9, 2015 Tax credit changes could hit three million families, which are likely to lose an average of £1,000 ---------- Post added 09-07-2015 at 16:34 ---------- http://www.bbc.co.uk/news/business-33463864 ---------- Post added 09-07-2015 at 16:35 ---------- According to its calculations, by 2020: A low-earning single parent with one child, working 20 hours a week at £9.35 an hour, will be £1,000 a year worse off. A low-earning dual-earner couple with two children will be £850 a year worse off A middle-earning dual-earner couple with two children, each earning £15 a hour, will be £350 better off, as a result of increases in the personal tax allowance. Link to comment Share on other sites More sharing options...
sgtkate Posted July 9, 2015 Share Posted July 9, 2015 Tax credit changes could hit three million families, which are likely to lose an average of £1,000 ---------- Post added 09-07-2015 at 16:34 ---------- http://www.bbc.co.uk/news/business-33463864 ---------- Post added 09-07-2015 at 16:35 ---------- According to its calculations, by 2020: A low-earning single parent with one child, working 20 hours a week at £9.35 an hour, will be £1,000 a year worse off. A low-earning dual-earner couple with two children will be £850 a year worse off A middle-earning dual-earner couple with two children, each earning £15 a hour, will be £350 better off, as a result of increases in the personal tax allowance. I think I might be taking back a lot of what I said then. That is absolutely awful taking £1000 off someone on low pay. I presume that means someone working and not just on benefits? Link to comment Share on other sites More sharing options...
phoenixboy Posted July 9, 2015 Share Posted July 9, 2015 However, it said some families moving on to Universal Credit, or applying for tax credits after April 2017 could face much bigger losses Link to comment Share on other sites More sharing options...
harvey19 Posted July 9, 2015 Share Posted July 9, 2015 No one has mentioned the incentives for apprenticeships. Link to comment Share on other sites More sharing options...
phoenixboy Posted July 9, 2015 Share Posted July 9, 2015 (edited) accounted for the tax threshold (which only goes up £600 by the way). things like removal of tax credits means thousands of families are worse off and will be progressively worse off. called it!.....:makes me sad Edited July 9, 2015 by phoenixboy sad...... Link to comment Share on other sites More sharing options...
harvey19 Posted July 9, 2015 Share Posted July 9, 2015 A low earning single parent needs to be getting maintenance money from the other parent. Obviously this does not apply if the other parent has died or is medically unable to work. Link to comment Share on other sites More sharing options...
Anna B Posted July 9, 2015 Share Posted July 9, 2015 Tax credit changes could hit three million families, which are likely to lose an average of £1,000 ---------- Post added 09-07-2015 at 16:34 ---------- http://www.bbc.co.uk/news/business-33463864 ---------- Post added 09-07-2015 at 16:35 ---------- According to its calculations, by 2020: A low-earning single parent with one child, working 20 hours a week at £9.35 an hour, will be £1,000 a year worse off. A low-earning dual-earner couple with two children will be £850 a year worse off A middle-earning dual-earner couple with two children, each earning £15 a hour, will be £350 better off, as a result of increases in the personal tax allowance. Thankyou. Tell that to Obelix Link to comment Share on other sites More sharing options...
harvey19 Posted July 9, 2015 Share Posted July 9, 2015 I wonder how my parents went on when I think the only benefits were child allowance and wages were low. Link to comment Share on other sites More sharing options...
Obelix Posted July 9, 2015 Share Posted July 9, 2015 (edited) Oh please yourself. The IMS (Institute of Mathematical Statistics) sounds like a pretty reliable, independent source to me. You asked where I'd got the information. I told you. Watch it for yourself and decide. Talking of spin - nobody does it better than weasly George Osborne... No I asked you for a LINK to the information in question. Which as ever, you failed to provide. Please don't lie about what I did or did not ask you for. ---------- Post added 09-07-2015 at 16:54 ---------- By definition If the average goes up though then there's no reason that the average person (ie 50% of people) can't get a degree. I think changing something as innate as intelligence (as opposed to eduction) is going to be very difficult bar employing genetic engineering.... ---------- Post added 09-07-2015 at 16:56 ---------- Thankyou. Tell that to Obelix Whats up anna? Still thorwing toys? Link to the report would be nice - not to one about people talking about select bits of it... I'm looking here... http://imstat.org/en/index.html as you suggested... but they have nothing about the UK budget at all... Sure you don't mean the institute for fiscal studies? If you don't have it then say so. It's not a problem if you don't (well it's not to me you seem to take it personally but hey that's nothing new) Edited July 9, 2015 by Obelix Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now