Child benefit
Winner of the “Best Cloud Accounting Firm 2016” award

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 £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.

Rate per week

  2023/24 (£) 2022/23 (£)
Eldest / only child 24.00 21.80
Other children 15.90 14.45

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Oculus Accountancy, 83 Victoria Street, London SW1H 0HW

Phone

020 3950 1170

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