Category Archives: child benefit

Child Benefit Tax Charges

How Can You Avoid The Child Benefit Tax Charges? Many families do not realise that a few changes can prevent them from losing out in the current child benefit changes taking place. Chaos is predicted as parents try to understand … Continue reading

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Child Benefit Cost

Child Benefit Changes The changes to child benefit could cost the Government nearly £50 million over the next three years. This expenditure will amount mainly from the extra staff that will be needed at HMRC to deal with the increased … Continue reading

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Child Benefit Tax Charge

Child Benefit – Tax Charge Some families have not been notified of child benefit changes relevant to them. From 7th January child benefit became means tested and families where at least one partner earns £50,000 per year are now entitled … Continue reading

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Tax Relief for Parents

Tax Relief for Parents Tax breaks are to be offered to working parents with children under the age of five. The purpose of the coalition’s new proposal is to help reduce the cost of childcare for families and is expected … Continue reading

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Child Benefit Deadline 6 January 2013

Child Benefit Deadline 6 January 2013 If you are a higher earner the deadline to opt out of receiving child benefit is on the 6 January this year! You should have been notified in writing by HMRC of the new … Continue reading

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Child benefit cut for those with company car

Child benefit cut for those with company car. A review of who is awarded child benefit may result in those who receive occupational perks, for example a company car, having their child benefit stopped or reduced. From January 7th 2013, … Continue reading

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Child Benefit & Self Assessment

Child Benefit Changes And Self Assessment If you are one of the thousands of people claiming child benefit, and have been notified by HMRC that you will have reduced child benefit payments due to your earnings, you will generally have … Continue reading

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