• News Feeds
Page last updated at 07:41 GMT, Monday, 4 October 2010 08:41 UK

Government to end universal child benefit

The Chancellor, George Osborne, has announced that the government is to withdraw child benefit from higher rate taxpayers, probably by 2013.

He told Today presenter James Naughtie that the change, which will affect everyone who pays income tax at 40% or more, was a tough measure which would hit anyone earning more than £40,000 a year.

"I understand these people are not the super rich , I'm not for a second claiming that they are but what I've got to do is take a series of measures that affect different sections of society," he explained.

"I've already taken some welfare measures that affect people on out of work benefits for example and if you want to share the burden fairly then I think you have to take this measure."

Mr Osborne will give more details of the changes in his speech to the Conservative conference today.

Get in touch with Today via email , Twitter or Facebook or text us on 84844.


Story Tools


Sign in

BBC navigation

Copyright © 2017 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific