© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

Child benefit: government urged to raise high income charge threshold

Decision would avoid a hit to basic-rate taxpayers from April, say campaigners

The level at which the high income child benefit charge kicks in should be increased so that basic-rate taxpayers do not have to start paying, a campaign group has said.

Currently, anyone earning more than £50,000 a year must start paying back child benefit that they or their partner claims. The charge is gradual and is equal to 1% of the amount of child benefit for each £100 of income between £50,000 and £60,000.

Continue reading…

Related posts

Niger closes airspace as deadline to reinstate president passes

AEA3

Sandy Hook families speak out after Uvalde school shooting

AEA3

UK weather: roads flooded as heavy rain batters Britain

AEA3

Pin It on Pinterest

Share This