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Child Benefits In The United Kingdom
Child benefits in the United Kingdom are a series of welfare payments and tax credits made to parents with children in the UK, a major part of the welfare state. The child tax allowance The first modern child tax credit was introduced in David Lloyd George's 1909 'People's Budget'. This introduced a £10 income tax allowance per child, for tax payers earning under £500 per annum. Following extensive Parliamentary debate, the Budget became law as the Finance Act (1909–1910) 1910 on 29 April 1910. Since the income tax rate was then 1 shilling and two pence in the pound (5.83%), the value of the tax credit was therefore 11 shillings and eight pence per child. Since most people did not earn enough to pay tax, this was a subsidy for middle-class parents. The nominal value of these tax credits were generally, though not always, increased in line with income tax rates. For instance, by 1916, income tax had increased to five shillings in the pound (25%), and the tax credit to £25, giving ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Welfare State
A welfare state is a form of government in which the state (or a well-established network of social institutions) protects and promotes the economic and social well-being of its citizens, based upon the principles of equal opportunity, equitable distribution of wealth, and public responsibility for citizens unable to avail themselves of the minimal provisions for a good life. There is substantial variability in the form and trajectory of the welfare state across countries and regions. All welfare states entail some degree of private-public partnerships wherein the administration and delivery of at least some welfare programmes occurs through private entities. Welfare state services are also provided at varying territorial levels of government. Early features of the welfare state, such as public pensions and social insurance, developed from the 1880s onwards in industrializing Western countries. World War I, the Great Depression, and World War II have been characterized as impo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PAYE
A pay-as-you-earn tax (PAYE), or pay-as-you-go (PAYG) in Australia, is a withholding of taxes on income payments to employees. Amounts withheld are treated as advance payments of income tax due. They are refundable to the extent they exceed tax as determined on tax returns. PAYE may include withholding the employee portion of insurance contributions or similar social benefit taxes. In most countries, they are determined by employers but subject to government review. PAYE is deducted from each paycheck by the employer and must be remitted promptly to the government. Most countries refer to income tax withholding by other terms, including pay-as-you-go tax. United Kingdom Origins Devised by Sir Paul Chambers, PAYE was introduced into the UK in 1944, following trials in 1940–1941. As with many of the United Kingdom's institutional arrangements, the way in which the state collects income tax through PAYE owes much of its form and structure to the peculiarities of the era in which ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Universal Credit
Universal Credit is a United Kingdom social security payment. It is means-tested and is replacing and combining six benefits for working-age households with a low income: income-related Employment and Support Allowance, income-based Jobseeker's Allowance, and Income Support; Child Tax Credit and Working Tax Credit; and Housing Benefit. An award of UC is made up of different elements, which become payable to the claimant if relevant criteria apply: a standard allowance for singles or couples, child elements and disabled child elements for children in the household, housing cost element, childcare costs element, as well as elements for being a carer or having an illness or disability and therefore having limited capability to work. The new policy was announced in 2010 at the Conservative Party annual conference by the Work and Pensions Secretary, Iain Duncan Smith, who said it would make the social security system fairer to claimants and taxpayers. At the same venue the Welfare R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Child Tax Credit
A child tax credit (CTC) is a tax credit for parents with dependent children given by various countries. The credit is often linked to the number of dependent children a taxpayer has and sometimes the taxpayer's income level. For example, in the United States, only families making less than $400,000 per year may claim the full CTC. Similarly, in the United Kingdom, the tax credit is only available for families making less than £42,000 per year. Germany Germany has a programme called the which, despite technically being a tax exemption and not a tax credit, functions similarly. The child allowance is an allowance in German tax law, in which a certain amount of money is tax-free in the taxation of parents. In the income tax fee paid, child benefit and tax savings through the child tax credit are compared against each other, and the parents pay whichever results in the lesser amount of tax. United Kingdom In the United Kingdom, a family with children and an income below about ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Working Families Tax Credit
Working may refer to: * Work (human activity), intentional activity people perform to support themselves, others, or the community Arts and media * ''Working'' (musical), a 1978 musical * ''Working'' (TV series), an American sitcom * ''Working'' (Caro book), a 2019 book by Robert Caro * ''Working'' (Terkel book), a 1974 book by Studs Terkel * ''Working!!'', a manga by Karino Takatsu * "Working" (song), by Tate McRae and Khalid, 2021 Engineering and technology * Cold working or cold forming, the shaping of metal below its recrystallization temperature * Hot working, the shaping of metal above its recrystallization temperature * Multiple working, having more than one locomotive under the control of one driver * Live-line working, the maintenance of electrical equipment while it is energised * Single-line working, using one train track out of two Other uses * Holbrook Working (1895–1985), statistician and economist * Working the system, exploiting rules and procedures for un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Family Credit
Family Credit was a social security benefit introduced by the Social Security Act 1986 for low-paid workers with children in Great Britain that replaced Family Income Supplement. The benefit was designed for families with children if at least one person is working more than 24 hours a week on average. That represented an exclusion with entitlement to Income Support. The work was to be intended to last at least five weeks. Calculation These figures use the rates current in 1997. There was a maximum credit for each family. One adult credit, regardless of whether there was one or two adults, was £47.65, plus an amount for each child that varied by age: £12.05 under 11, £19.95 from 11 to 15, £24.80 from 16 to 17 and £34.70 at 18. A family whose net income, not including Child Benefit, Maternity Allowance or One-Parent Benefit, was £77.15 or less got the maximum. Income was calculated by using the same principles as for Housing Benefit but without a disregard for earnings. Up t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Speenhamland System
The Speenhamland system was a form of outdoor relief intended to mitigate rural poverty in England and Wales at the end of the 18th century and during the early 19th century. The law was an amendment to the Elizabethan Poor Law. It was created as an indirect result of Britain's involvements in the French Revolutionary and Napoleonic Wars (1793–1815). Operation The system was named after a 1795 meeting in Speenhamland, Berkshire, where local magistrates devised the system as a means to alleviate the distress caused by high grain prices. The increase in the price of grain may have occurred as a result of a poor harvest in the years 1795–96, though at the time this was subject to great debate. Many blamed middlemen and hoarders as the ultimate architects of the shortage. The Speehamland scale read, "When a gallon loaf of bread cost one shilling:... every Poor and Industrious Man should have for his own Support 3s weekly, either produced by his Family's Labour, or an Allowance f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Child Poverty Action Group
Child Poverty Action Group (CPAG) is a UK charity that works to alleviate poverty and social exclusion. History The Group first met on 5 March 1965, at a meeting organised by Harriett C. Wilson. It followed the publication of Brian Abel-Smith and Peter Townsend's work ''Poor and the Poorest'': both men were founding members of the Group. At the second meeting one of the points raised was "That although increased family allowance might be the simplest and most equitable way of overcoming the poverty of large families, there was likely to be considerable difficulties in bringing about a change of this kind, partly because of the fear that this would tend to encourage people to have large families." One of its first actions was to send a letter to the Prime Minister, on 22 December 1965, signed by a number of distinguished public figure, which stated:"The signatories of this letter would probably not all agree on the precise details of a scheme for reform: we are agreed, however ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Callaghan Government
Callaghan most commonly refers to O'Callaghan, an Anglicized Irish surname. Callaghan may also refer to: Places * Callaghan, New South Wales, Australia * Callaghan, Edmonton, Canada * Callaghan, Virginia, United States * Callaghan, Texas, United States Fictional characters * Clarissa Callaghan, from the video game ''Valkyria Chronicles III'' * Robert Callaghan, the main antagonist from the movie ''Big Hero 6'' See also * * Callahan (other) Callahan may refer to: * Callahan (surname) Fictional characters * Father Callahan, in Stephen King novels * Harry Callahan (character), in ''Dirty Harry'' movies * Jack Callahan (''Neighbours''), from the Australian soap opera ''Neighbours'' * ... * Callihan, a surname {{Disambig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heath Government
Edward Heath of the Conservative Party formed the Heath ministry and was appointed Prime Minister of the United Kingdom by Queen Elizabeth II on 19 June 1970, following the 18 June general election. Heath's ministry ended after the February 1974 general election, which produced a hung parliament, leading to the formation of a minority government by Harold Wilson of the Labour Party. Heath had been elected leader of the Conservative Party in 1965 to succeed Alec Douglas-Home, within a few months of the party's election defeat after 13 years in government. His first general election as leader the following year ended in defeat as Wilson's Labour government increased its majority. The Conservatives enjoyed a surge in support over the next two years as the British economy went through a period of fluctuation with growth and contraction. Unemployment rose significantly, but when Harold Wilson called a general election for June 1970, the opinion polls all pointed towards a third suc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Lloyd George
David Lloyd George, 1st Earl Lloyd-George of Dwyfor, (17 January 1863 – 26 March 1945) was Prime Minister of the United Kingdom from 1916 to 1922. He was a Liberal Party politician from Wales, known for leading the United Kingdom during the First World War, social reform policies including the National Insurance Act 1911, his role in the Paris Peace Conference, and negotiating the establishment of the Irish Free State. Early in his career, he was known for the disestablishment of the Church of England in Wales and support of Welsh devolution. He was the last Liberal Party prime minister; the party fell into third party status shortly after the end of his premiership. Lloyd George was born on 17 January 1863 in Chorlton-on-Medlock, Manchester, to Welsh parents. From around three months of age he was raised in Pembrokeshire and Llanystumdwy, Caernarfonshire, speaking Welsh. His father, a schoolmaster, died in 1864, and David was raised by his mother and her shoemaker brot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barbara Castle
Barbara Anne Castle, Baroness Castle of Blackburn, (''née'' Betts; 6 October 1910 – 3 May 2002), was a British Labour Party politician who was a Member of Parliament from 1945 to 1979, making her one of the longest-serving female MPs in British history. Regarded as one of the most significant Labour Party politicians, Castle developed a close political partnership with Prime Minister Harold Wilson and held several roles in the Cabinet. She remains to date the only woman to have held the office of First Secretary of State. A graduate of the University of Oxford, Castle worked as a journalist for both ''Tribune'' and the ''Daily Mirror'', before being elected to Parliament as MP for Blackburn at the 1945 election. During the Attlee Government, she was Parliamentary Private Secretary to Stafford Cripps, and later to Harold Wilson, marking the beginning of their partnership. She was a strong supporter of Wilson during his campaign to become Leader of the Labour Party, and f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
