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01245 322 006 info@shirleysmithco.co.uk
Working tax credits and child benefit.
Child Benefit is receivable by a person responsible for each child who is under 16, or 19 if they stay in education or training.
If the person (or their spouse or partner) has 'adjusted net income' above £60,000 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 £80,000 a year, the tax charge equals the Child Benefit received.
05 Feb 2026
The government must tackle the big issues around trading with the EU this year if it wants to reverse the post-Brexit trade slump, says the British Chambers of Commerce (BCC).
04 Feb 2026
An estimated one million taxpayers missed the self assessment deadline for the 2024/25 tax year, according to HMRC.
03 Feb 2026
The confidence of business leaders in both their own organisations and the wider UK economy rose markedly in January, according to data from the Institute of Directors (IoD).