What was the impact of the new rules instituted in 2013 regarding child allowance in Britain?

Understand the Problem

The question is asking for the effects of rule changes regarding child allowance in Britain that were instituted in 2013. It seeks to identify the specific impact among the provided options.

Answer

Households earning over £50,000 lost full child benefit; over £60,000 lost all benefits.

The changes in child allowance rules from 2013 in Britain introduced the 'High Income Child Benefit Charge' affecting households with at least one member earning over £50,000. These households lost entitlement to full child benefits, and those earning over £60,000 lost entitlement to any benefits.

Answer for screen readers

The changes in child allowance rules from 2013 in Britain introduced the 'High Income Child Benefit Charge' affecting households with at least one member earning over £50,000. These households lost entitlement to full child benefits, and those earning over £60,000 lost entitlement to any benefits.

More Information

The 2013 rules introduced a significant shift in the distribution of child benefits in the UK, targeting higher earners for reductions or removal of benefits, which affected approximately 13% of families initially.

Tips

A common mistake is not accounting for cumulative household income, as the rule applies based on the income of the highest earner in the household.

Thank you for voting!
Use Quizgecko on...
Browser
Browser