High taxpayers in child benefit cut
CHILD benefit payments will be stopped for all higher-rate taxpayers from 2013 to pay for wider reform of the benefits system, George Osborne has confirmed.
The Chancellor said the measure was "difficult but fair" and would raise around £1 billion.
"When we are asking so much of so many people across society, I think it is a fair measure," he told BBC Breakfast ahead of his speech to the Conservative Party conference in Birmingham.
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