I rise to present a petition on behalf of constituents who have expressed concern to me about what they see as an inherent unfairness, whereby a family with one high earner can be disadvantaged in comparison with two-earner families, and who have highlighted some anomalies in regard to the threshold rate not aligning with the basic-rate tax threshold.
The petitioners therefore request that the House of Commons urges the Government to re-examine the High Income Child Benefit Charge policy to address the disparities it creates and ensure that any revision accounts for future increases in basic-rate tax thresholds.
Following is the full text of the petition:
[The Petition of residents of the constituency of Linlithgow and East Falkirk,
Declares the High Income Child Benefit Charge is an unfair policy that puts families with one high-income earner at a financial disadvantage to a two-earner family; further that it discourages claims to child benefit, which negatively impacts National Insurance Contributions; notes that that the policy’s £50,000 threshold does not align with the basic-rate tax threshold of £50,270.
The petitioners therefore request that the House of Commons urges the Government to re-examine the High Income Child Benefit Charge policy to address the disparities it creates and ensure that any revision accounts for future increases in basic-rate tax thresholds.
And the petitioners remain, etc.]
[P002692]