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Thread: Taxing Child Benefit - a Simple Solution

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    Politics.ie Member DeGaulle 2.0's Avatar
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    Default Taxing Child Benefit - a Simple Solution

    There is an article in the Irish Times today which goes into the difficulties of taxing child benefit. The article quotes Michael Noonan in reply to a parliamentary question.

    Quote Originally Posted by Michael Noonan via Irish Times
    “These policy issues include clearly determining who is the owner of the child benefit payment, whether by taxing the payment there follows an entitlement to the PAYE tax credit, how the payment is treated for tax purposes in the hands of jointly assessed couples and legal issues surrounding the tax treatment of married couples and co-habiting couples.”
    Surely there is a much simpler solution:- allow parents to reduce their property tax by, for example, 120 euro per year for each child resident in the house. The benefit could be restricted to houses worth up to a certain value (say 400,000) to ensure that only the "coping classes" benefit. Such an arrangement would restore the cut in child benefit to many hard-pressed families while avoiding the legal minefield of taxing child benefit.

    In the longer term, such an arrangement might encourage people to live in size-appropriate housing - ie. there would be a financial incentive for couples to downsize once their children had left home.

    Thoughts?

    Link: Taxing child benefit may cost families €640 a year - The Irish Times - Wed, Jan 02, 2013
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    Politics.ie Member Asparagus's Avatar
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    Here is an even simpler solution.

    People who pay tax should be entitled to child benefit - after all they paid the money in -whereas people who don't should be means tested and taxed on whatever means they have

    that way people who don't contribute to society won't be incentivised to raise a family of children who don't contribute to society.
    ANGER IS A POLICY, GET OFF YOUR KNEES

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    Politics.ie Member cabledude's Avatar
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    What about the L.A. tenants or renters who will not have to pay a property tax?
    Stand there in silence, look up to the sky and remember how brave they were.

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    Why not just tax all income, regardless of it's source?
    Social welfare is income, child benefit is income, rent allowance is income, it all should be taxed as such.
    Take your tax credits and be taxed on the rest, like everyone else.

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    Politics.ie Member ruserious's Avatar
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    Quote Originally Posted by Asparagus View Post
    Here is an even simpler solution.

    People who pay tax should be entitled to child benefit - after all they paid the money in
    -whereas people who don't should be means tested and taxed on whatever means they have

    that way people who don't contribute to society won't be incentivised to raise a family of children who don't contribute to society.
    How many children pay tax?
    Boycott the "Irish" Sun rag.

  6. #6
    Politics.ie Member Asparagus's Avatar
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    Quote Originally Posted by ruserious View Post
    How many children pay tax?
    Children do not receive Child Benefit.
    Except some children of people (typically) who never paid tax...
    ANGER IS A POLICY, GET OFF YOUR KNEES

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    Politics.ie Member Mushroom's Avatar
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    Quote Originally Posted by ruserious View Post
    How many children pay tax?
    Indirect tax? All of 'em.

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    Oh, and while we're at it.
    If there has to be a property tax here, every household should pay it.
    Renters and LA tenants included.
    It's for the services these people use, so pay your share.

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    Politics.ie Member odlum's Avatar
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    The best solution to child benefit is to scrap it completely in the next budget. The taxpayer should not be paying for the irresponsible to have sprogs.

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    Quote Originally Posted by odlum View Post
    The best solution to child benefit is to scrap it completely in the next budget. The taxpayer should not be paying for the irresponsible to have sprogs.
    More bu11sh1te from the no.1 FF troll.

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