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Re: Child Benefit Scrapped For Higher Rate Tax Payers From 2013
Quote:
Originally Posted by Damien
That is a pretty absurd confluence of events you have concocted though.  In the event that someone is mistakenly taxed at 40%, and somehow doesn't notice he is being taxed at 40% for two years, and is claiming child benefit which is then stopped (surely that might rise a red flag in the reduced salary doesn't?) then you hypothetically suggest that benefit won't be paid? |
Actually, it's pretty certain the employee would notice being incorrectly taxed at 40% if his child benefits were stopped. Good diagnostic!
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