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 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.

Rate per week

  2022/23 (£) 2021/22 (£)
Eldest / only child 21.80 21.15
Other children 14.45 14.00

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Oculus Accountancy, 83 Victoria Street, London SW1H 0HW

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020 3950 1170

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