Quote:
Originally Posted by Flyboy
Another example could be highlighted by paying pension contributions via a carry forward/carry back process. Which could have the effect of reducing ones marginal tax rates, over a seven year period. Which would mean that someone who is rich enough to maximise their pension contributions, for those years, will be given a bit of a boost by having their child benefit paid. Whereas someone who is not as wealthy, will have theirs cut.
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Just goes to show you can't please everyone or get things absolutely right I guess. Cases like this will be a small minority of those impacted. The vast majority will be people like me who don't have a legitimate complaint to make at all.
You seem to be consciously and actively looking for faults with this? I'm sure there will be plenty of scenarios that can be concocted, doesn't change that it has to be done and kudos to this coalition for, again, taking a difficult decision instead of delaying it or simply throwing money at issues.