Financial Management Consultancy

Child benefit

Weekly amounts of child / working tax credits and child benefit.

Child Benefit is receivable by a person responsible for each child who is under 16, or under 20 if they stay in approved 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.

Rate per week

  2022/23 (£) 2021/22 (£)
Eldest / only child 21.80 21.15
Other children 14.45 14.00

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Address
Plan Target Limited, Weir Bank, Bray Business Centre, Bray, Berkshire SL6 2ED
Phone

01628 762 722

Email

info@plan-target.com


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