What you need to know about the new High Income Child Benefit Charge
Category: Lifestyle & savings & Uncategorized
Child benefits are currently paid out at a rate of ÂŁ20.30 per week for the first child, and ÂŁ13.40 for each subsequent child, with an increase planned for the 2014/2015 tax year to ÂŁ20.50 and ÂŁ13.55. These benefits are claimed by many families for all children under the age of 16 and in some cases up to the age of 20.