Tag: Child Benefit

Benefit of High-Income Child Benefit Charge
HMRC

High Income Child Benefit Charge

The charge is 1% of the child benefit received in the tax year for every £100 by which the adjusted net income of the person liable for the charge exceeds £50,000. So, for example, if adjusted income is £57,000, the High Income Child Benefit Charge is 70% of the child benefit received.

UK BENEFIT SYSTEM
HMRC

UK BENEFIT SYSTEM – ORDINARY PERSON GUIDE

Today’s benefits system still provides a lifeline to millions of people across Great Britain. There are more benefits available today than following the war, and more people eligible to receive them.