User:rorynoonanDate:16/02/2013Time:10:39:47Edition:16/02/2013Satsatecho160213Page:1Color:
EE - V1
SATURDAY, FEBRUARY 16, 2013
Bantry couple collect e400k Lotto winnings
RRP: e1.50
EDITION NO. 34,837
Serving Cork for 120 years
Crunch tie for Team Montenotte
Million Dollar Baby boxes for heart group
DREAMS became reality for a young Bantry couple yesterday when they collected a cheque for almost €400,000 from Lotto HQ. “We are thrilled to bits with this win. We used to daydream about what we would do if we won money on the lottery. Now, it’s a dream come true,” said the husband. “We plan to take a sun holiday as soon as possible, bank the money and save it for our young family’s future.” ● See page three for more.
AISLING Considine, pictured with her son Lee Cotter, from Mayfield, will take part in the Big Heart Fight Night at the Rochestown Park Hotel on March 8 in aid of the Irish Heart Foundation. Baby Lee was born with a heart defect and Aisling, who is using the name Million Dollar Baby for the fight, wanted to take part to give something back for the treatment Lee is receiving. ● See page three for more.
Families hit again as child benefit taxed FAMILIES are facing further cuts in their Child Benefit payments that could see the monthly allowance being heavily taxed.
A Government report is to recommend either taxing the monthly payment or introducing a two-tier system with people on a low income receiv-
WEATHER F TONIGHT
L: 6°C A couple of showers late Winds: S at 10-20 mph
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By ALAN HEALY
ing a higher payment. It comes just weeks after the recent budget saw hard-pressed families receive a €10 cut in the Child Benefit payment. The Mangan Report on the reform of Child Benefit, out next week, recommends the benefit should
€2,755. Under the two-tier system all families would get a basic Child Benefit payment that would be lower than the current level. But families on a lower income would get a top up payment. The report states that there is no perfect way to reduce payments but said the preferable method would be the two-tier system.
remain a universal payment and an entitlement to all mothers. However, under the taxing proposal some families could lose as much as €53 of the €130 payment. The report states that under the taxation system a family earning €35,000 with one child would lose €336 per year, while a family with four children on €60,000 per year would lose
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