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Call 020 8429 3636 - email excellence@dewanis.com
Working tax credits and child benefit.
Child Benefit is receivable by a person responsible for each child who is under 16, or 19 if they stay in education or training.
If the person (or their spouse or partner) has 'adjusted net income' above £60,000 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 £80,000 a year, the tax charge equals the Child Benefit received.
The British Chambers of Commerce (BCC) is concerned over the impact of new customs checks and charges on small firms in the UK.
HMRC has launched a new online voluntary national insurance payment service.
The Federation of Small Businesses (FSB) has called on the energy regulator Ofgem to 'take action' on the standing charges paid by UK small firms.