Oct-31st-2010

Fines Could be Brought In If You Don’t Declare Child Benefit

Cuts are being introduced left, right and centre at the moment by the coalition government and child benefit is the latest of these.
In the government’s plans, if you are a high earner and have children you will no longer be entitled to child benefits. In addition to this, if you fail to declare that you receive child benefits as one of these high earners, then you will be fined.
The flaw in this is that there are some couples who are not aware of each other finances, and therefore one partner who earn over the threshold could be penalised without ever knowing that their other half was in fact receiving child benefits, so it will be interesting to see if the government continue to go ahead with their plans, and if they do, how they will enforce it, and if they will fine the innocent.

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