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McIntosh Accountants Bucknall Office: 01782 207772 | firstname.lastname@example.org
Beattie Moulds Ilkeston Office: 0115 9444190 | email@example.com
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.
Eldest / only child: £20.70
Other children: £13.70
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