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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.
12 Sep 2025
The Treasury Committee has stated that the government has 'not heeded warnings' that the Lifetime ISA requires reform.
11 Sep 2025
The government's Budget Board must focus on easing the cost of doing business, says the Institute of Directors (IoD).
10 Sep 2025
MPs were recently told that four million calls to HMRC go unanswered each year, risking 'undermining compliance and the government's revenue targets'.