You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
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.
Where 'adjusted net income' is more than £60,000 a year, the tax charge equals the Child Benefit received.
05 Aug 2020
The proposed additional 1% surcharge for non UK residents purchasing UK residential property has not been included in the draft 2020 Finance Bill.
01 Aug 2020
For sole Director/Shareholders of Limited Companies, it is essential that you have a Will such that, on your death, Executors can step in and run the Company.