Introductory text to Family Finance.
https://www.gov.uk/child-benefit-tax-charge Make sure you register for Child Benefit even if no longer entitled to monthly payments – because it protects your NI contributions for State Pension for those with children under 12. This is important. Take time to look at the legislation carefully so you don’t miss out on pension provision when you are […]
http://www.thisismoney.co.uk/money/pensions/article-2368591/Make-sure-child-benefit-changes-doesnt-affect-state-pension.html This Is Money site. This is an old article (and a great one at that) -but as of June 2nd 2015 we’re concerned that some people are being told that they’ve lost entitlement to pension credits despite having a child under 12 at home, because of having lost entitlement to child benefit. […]
https://www.gov.uk/marriage-allowance Link above for govt website for registrating your interest in receiving this small tax allowance (which has been limited by govt to just a partial transfer and thus limited to maximum £212 per year). It is paid per family, not per child. Note 1: It is called a ‘Marriage Tax allowance’ which in many […]
What is Welfare Spending? How does welfare split out? Where does the money go and to support who? Does it reach the people who need it most? The IFS research paper shows that most govt welfare spending goes on older people, not younger families. This is important to highlight view the fact that austerity measures […]
85% of tax and benefit ‘savings’ have been at the expense of women Report February 2015
Information for parents who separate (2014) Click above and also http://www.cmoptions.org/en/other-arrangements/statutory-service.asp If you want to know more about how to support and care for your child after separation, help is available. As well as information available online, the local Citizen’s Advice Bureau is always a good starting point – they will direct you to the […]
Who stands to benefit from transferable tax allowance? As reported in This is Money in September 2013. The article explains that only a small proportion of the caregiving partner’s non taxable allowance will be transferable to the working partner. MAHM asks WHY SUCH A SMALL PERCENTAGE? It will mean that couples eligible will only be […]