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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.
26 Apr 2024
HMRC has updated guidance on when tax relief is available on travel expenses for staff who work from home.
25 Apr 2024
Figures have shown that UK borrowing over the last financial year was £7.6 billion lower when compared to the year before.
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Our summary of the key announcements from the Chancellor's latest Budget .
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