Reforms to Child Benefit follow a campaign by Money Saving Expert Martin Lewis
New reforms to Child Benefit follow a campaign by Money Saving Expert Martin Lewis, which forced a change of policy by the government. You can now see exactly how the changes could affect your household with our interactive calculator below.
Child Benefit is paid to anyone who is responsible for someone under the age of 16, or under the age of 20 if they are in approved education or training. In the current tax year it was worth £1,248 to households for the first child plus £826 for each additional child. This is called the High Income Child Benefit Charge and has been criticised as unfair because a couple who both earn £49,000 keep the full amount of Child Benefit, while a single parent household earning £60,000 receives nothing after paying back the tax charge.
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