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Assurance Office, Swan House, 146 - 147 St Helens Road, Swansea SA1 4DE
Call us on: 01792 720170
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.
03 Apr 2020
Plant & machinery allowances etc.