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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.
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We offer initial free consultations simply contact us to find out more.
We are pleased to announce that our office is now open for our usual business hours, Monday to Thursday 9.00 - 5.30 and Friday 9.00 – 4.30, with a reduced workforce in line with government guidance.
Partners and various staff members are continuing to work from home for part of the week so please contact the office in advance of your visit if you need to speak with a particular member of the team.
We will continue to monitor the situation and are regularly updating our website with the latest advice and guidance from the government.
HIGSON & CO