Child benefit – the changes explained
Child benefit is changing from 7th January 2013. Households where at least one person earns more than £50,000 will have the benefit effectively reduced or stopped.
The withdrawal will be gradual where income falls between £50,000 and £60,000. The amount …
Changes to child benefit
Child benefit is changing. The UK tax office is to send letters to one million households this week warning parents they may lose child benefit payments.
Households where at least one person earns more than £50,000 will have the benefit …
How does the budget affect child benefit?
Child benefit will be withdrawn through a new income tax charge which will come into effect on 7 January 2013. This will be applied to tax payers who receive child benefit and their income or their partner’s income exceeds £50,000.…