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0207 632 0300 as@elliottsshah.co.uk
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 £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.
30 Jun 2026
A majority of UK business leaders now calling on the government to prioritise its relationship with the European Union, according to research from the Institute of Directors (IoD).
29 Jun 2026
The government's preferred proposal in HMRC's consultation into VAT compliance should close a tax loophole while protecting small businesses, says the Federation of Small Businesses (FSB).
26 Jun 2026
A new counter-fraud squad has launched investigations against those who defrauded the public during the Covid pandemic, the Treasury has announced.