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.
Eldest / only child: £20.70
Other children: £13.70
04 Oct 2018
The Chancellor of the Exchequer, Philip Hammond, has announced that the Budget will take place on Monday 29 October.
The government has decided not to proceed with plans to abolish Class 2 National Insurance Contributions (NICs) from April 2019.