Monday 4 October 2010

Cost of Benefits

Guide to most costly UK benefits - from the BBC website.


Tax Credits: Currently, those with children and an annual income of £50,000 or less receive £545 a year, after which payments are tapered at a rate of £1 in every £15.

Whereas...

Child Benefit: All parents regardless of their income are currently eligible for this tax-free payment, with £20.30 paid a week for the eldest child and £13.40 for subsequent children.

Not having children, or having any UK friends with children I had no idea about these. You get paid to have kids in this overcrowded country! Potentially £30 a week!

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