Child Benefit is receivable by a person responsible for each child who is under 16, or under 20 if they stay in approved 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.

2022/23 (£)
2021/22 (£)

Eldest / only child

21.80

21.15

Other children

14.45

14.00

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If you are in the Lancashire area and are looking for support and advice from a team of professional accountants and business advisers, contact Coates & Co.

Coates & Co

2 Fairhope Avenue

Bare

Morecambe

Lancashire LA4 6JZ


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ICAEW Chartered Accountants

Coates & Co is the trading name of Tony Coates & Co Limited, Registered in England, Registered Number: 6140774

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