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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.
08 Jun 2020
Chancellor Rishi Sunak has announced changes to the government''s Coronavirus Job Retention Scheme (JRS).
On 5 June 2020, HMRC announced a five-month delay to the introduction of the domestic VAT reverse charge for construction services.