Parents could receive a fine due to child benefit changes
- 14 Jan
A warning has been issued to parents who have not signed up to fill in self-assessment forms.
Over a thousand parents have not signed up to fill in self-assessment forms due to the government's child benefit tax change, and only have days left before they risk a fine.
Calculations by HM Revenue and Customs suggest that 1.1 million people are affected by the changes which were introduced in January 2013. This means that households where someone earns more than £50,000 face a tax clawback of child benefit payments. The repayment, which is 1% of every £100 earned over the threshold and it will reach 100% of child benefits payments when a parent's income is £60,000 after pension contributions is repaid via a self-assessment form. This form must be filled out by 31st January.
To file online taxpayers must register for an activation code but HMRC say that anyone who wants to ensure they meet the deadline and avoid a £100 late filing penalty need to do this by the 21st January, reports the Guardian.
HMRC said: "Around 90% of customers affected by the changes are registered for self-assessment or have opted out of receiving child benefit. Anyone who still needs to register for self assessment should contact us straight away. If they pay the tax due by 31 January they will not face a penalty."
As of lunchtime on the 13th January HMRC said that one in 10 people had failed to do so.
The tax charge has been labelled as controversial as it doesn't take into account a family's total income as two parents earning £49,000 each can escape the charge, however a single earner making more than £50,000 must make repayments.
Around 11 million people need to submit a self-assessment form and HMRC have said that it was receiving around 80,000 a day.
What do you think of this? Tweet us your comments @suppsolutions
Image Source: http://www.sxc.hu/photo/832858
- 28 Aug
Figures find thousands of benefit claimants died after found fit for work
Over 80 people a month have died shortly after being declared “fit to work” prompting campaigners to call for an overhaul of the government’s welfare system, reports the Guardian.Figures from...
- 24 Aug
Disability campaigners concerned over benefit shakeups
The Work and Pensions Secretary Iain Duncan Smith is set to announce new reforms to sickness benefits in the hope to get more people into work, reports the Guardian.It is expected the Mr Duncan Smith...
- 07 Aug
Single parents are being hit by benefit cuts
Government statistics detailing who has been affected by the policy have found that in May 2015 49% were single parents with children under the age of five, reports the Guardian.It is being said that...
- 30 Jul
Government to review helping benefit claimants back into work
Led by Professor Dame Carol Black, the inquiry will consider the case for linking people who are entitled to benefits with accepting appropriate treatment or support, reports 24dash.The review's...
- 23 Jul
Call for review of benefits delivery
The inquiry will look at the problems that could occur when benefits are underpaid or delayed, reports 24dash. The Committee invites written evidence on: Frank Field MP, chair of the committee,...
- 15 May
11,400 tenants could be affected by new benefits cut
Inside Housing have analysed data from the government's Stat-Xplore website and has found that 11,449 social housing tenants are set to be affected by the governments plans to remove housing benefit...
- 24 Mar
Deaths due to benefit sanctions should have independent investigations
A report into benefit sanctions by the Work and Pensions Committee has said that suicides linked to sanctions should be scrutinised in a similar manner to deaths in police custody, reports Inside...
- 11 Mar
Charity finds benefit sanctions regime to be flawed
A report conducted for Crisis by the Centre for Regional Economic and Social Research at Sheffield Hallam University found that benefit claimants were subject to a ‘postcode lottery' on whether or...
- 30 Oct
Cuts to employment and support allowance benefits
With these cuts it could see new claimants being given just 50p more per week than people who are on job seekers allowance, reports the BBC. The Department for Work and Pensions have said the ESA...
- 10 Oct
Proposed benefit rule labelled ‘worse than poor law'
The Social Security Advisory Committee is currently cons ulting on the proposals which George Osborne first announced in June 2013, reports Inside Housing.The seven day wait would occur on top of the...
How to Fund Housing Support and Social Care Sevices Extremely informative, excellent speaker. Alison Halstead - Riverside ECHG