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Weekly amounts of child / working tax credits and child benefit.
Child Benefit is receivable by a person responsible for each child until they reach 16, or 19 if they stay in education or training.
If the person (or their spouse or partner) has
'adjusted net income' above £50,000 the person with the highest income has to pay some of the Child Benefit as a tax charge.
'adjusted net income' is more than £60,000 a year, the tax charge equals the Child Benefit received.
Eldest / only child: £20.70
Other children: £13.70
The Chancellor Philip Hammond presented his Spring Statement on Wednesday 13 March 2019.
13 Mar 2019
HMRC is urging business owners to make sure they are ready for a potential no deal Brexit.
05 Mar 2019
The Financial Secretary to the Treasury, Mel Stride, has made a statement to the House of Commons setting out HMRC's progress on delivery of Making Tax Digital.
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