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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.
05 Aug 2021
There have been a dizzying number of requirements and restrictions placed on employers during the last 12 months to try to manage the Covid situation.
One of the most contentious concerns for everyone, but employers in particular, is the issue of Covid vaccinations.
Most people buying a property know that Stamp Duty Land Tax (SDLT) is payable when the purchase completes.