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Plans to scrap salary sacrifice vouchers...
Was announced yesterday at the Labour conference.
What do you all feel about this?
For us, it's a real, real problem so much so that I have been worrying about it all morning. I have no choice but to return to work part time after 9 months mat leave, and after paying ??75 a day in child care and travel costs to get to work there would only be around ??250 left of my salary monthly. That was earmarked for bills and to put around ??40 a month away for any house problems, like broken washings machines etc!
If I do not return to work my Husband's salary is just on the cusp of earning too much for tax credits. Although that may seem alot of money to some, living in the south east of England having bought a property at the peak of the market, it does not go far. We can't move to a cheaper area as a) our house is worth much less than we paid for it and we do not have the money to pay for a move in terms of fees etc.
The sad thing about this is, is that it appears to penalise women who need to go back to work, who will be contributing to the economy etc. This will make it very difficult for me to return to work as a nurse, which I can't imagine would please Gordon Brown..a experienced senior nurse not using her skills ( and god forbid, contributing to a pension so that she can provide for herself and family in years to come) because she can't afford to go to work!!
Rant over, but thoughts please?
X
[Modified by: ulrika on 30 September 2009 13:10:03 ]
What do you all feel about this?
For us, it's a real, real problem so much so that I have been worrying about it all morning. I have no choice but to return to work part time after 9 months mat leave, and after paying ??75 a day in child care and travel costs to get to work there would only be around ??250 left of my salary monthly. That was earmarked for bills and to put around ??40 a month away for any house problems, like broken washings machines etc!
If I do not return to work my Husband's salary is just on the cusp of earning too much for tax credits. Although that may seem alot of money to some, living in the south east of England having bought a property at the peak of the market, it does not go far. We can't move to a cheaper area as a) our house is worth much less than we paid for it and we do not have the money to pay for a move in terms of fees etc.
The sad thing about this is, is that it appears to penalise women who need to go back to work, who will be contributing to the economy etc. This will make it very difficult for me to return to work as a nurse, which I can't imagine would please Gordon Brown..a experienced senior nurse not using her skills ( and god forbid, contributing to a pension so that she can provide for herself and family in years to come) because she can't afford to go to work!!
Rant over, but thoughts please?
X
[Modified by: ulrika on 30 September 2009 13:10:03 ]
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Replies
I also don't qualify for any help from the governmant and have no choice but to return to work. Again also living in the South East, with high outgoings even my travel to work costs me over ??300 per month!
ARRGHHH !!
xx
???????From April 2011, employees who join an employer-supported voucher scheme will not be entitled to the existing exemptions. Existing recipients of vouchers will be unaffected until April 2015, when the exemptions for vouchers will be withdrawn completely."
Besides, chances of Labour winning the next election are slim to none! So things may stay the same/get better/get worse under the Conservatives.... all remains to be seen.
Anna