posts related to: Tax

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The Nanny Tax Credit

Many parents employing nannies should benefit from tax breaks ending years of discrimination in favour of those using nurseries and childminders. This extension to the current Child Tax credit is complex. We take a look at what’s on offer and how you can claim. Who can apply? The Child Tax Credit is being extended to cover…

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The rising costs of raising children

The average cost of raising a child from birth to the age of 21 has risen to a staggering £165,000. That works out at £657 a month and £22 a day so it’s no wonder that parents are looking for ways to reduce that cost. Pregnancy is the time when you need to do some serious budgeting. The…

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Budget : 2000 – How it will affect you conceiving

Trying to conceive You may have a number of plans in progress to get ready for your long-awaited baby. Unfortunately, at this stage, it was all a question of money being taken away from you rather than any money being given. If you are living on two incomes, it is a good time to try…

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Working and pregnancy benefits : April updates

  There are a number of changes to maternity, tax and other benefits which will have implications for working families. Some of the changes include additional paternity leave, an increase in maternity, paternity and adoption pay and changes in working tax credits as well as changes to nursery vouchers. The Government has indicated that there…

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Budget 2006

23rd March 2006 Budget 2006 Gordon Brown began the Budget this year by announcing that the last chancellor to deliver ten budgets in a row delivered his last speech in 1822. But has Mr Brown got it right and what does it mean for you and your family? Education Family Housing Taxes Sin taxes Travel…

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Budget 2005 – what does it mean for you?

Gordon Brown put the election campaign into top gear with a “families first” Budget. He delivered his 2005 Budget calling it the Budget for ’schools and families’. But what does it all mean for you? Taxes Main points: Income tax and NI remain unchanged Stamp duty thresholds doubled to £120,000 Petrol duty postponed until September 2005 due…

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Family tax credit problems costing jobs

27 February, 2001 PLANS to end child poverty by making work pay will have limited success unless problems with the Government’s flagship working families’ tax credit scheme are sorted out, a report from the National Association of Citizens Advice Bureaux (NACAB) warns today. NACAB says that the earnings top-up scheme for low-paid parents could help lift many more…

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Babies have ear for music

20 February, 2001 A CHILD psychologist reckons babies are born with perfect pitch. The skill allows someone to identify a note on the musical scale without hearing any others and is so rare even most musicians don’t have it. Newborn children beat adults in all the tests, which suggests perfect pitch is lost as we grow…

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How did the Budget affect you?

New parents Now that you have a new child, money is certainly tighter than it was, so any improvements in the budget would be welcome. Much of the changes are seen as giving with one hand and taking away with another, but there should be some improvement in what you are entitled to, to help you raise your…

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