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.
'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
04 Jun 2018
HMRC has issued a warning to taxpayers regarding the latest tax refund scams.
BEIS and HMRC are urging underpaid workers to complain about National Minimum Wage and National Living Wage underpayments.
New company car advisory fuel rates have been published which take effect from 1 June 2018.