205 Ley Street, Ilford, Essex, IG1 4BL, UK
0208 1333 786
0208 9116 077

Child benefit

Child Benefit is receivable by a person responsible for each child until they reach 16, or 20 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.

If their adjusted net income is more than £60,000 a year, the tax charge equals the Child Benefit received.

Rate per week

Eldest / only child: £20.70 (2014/15: £20.50)

Other children: £13.70 (2014/15: £13.55)

Professional Consultation

We help our clients determine the right strategic priorities to grow profitably and maximise value, and offer support and practical solutions to achieve these objectives. We are happy to provide no-obligation advice.