Child benefit

Weekly amounts of child / working tax credits and child benefit.

Child Benefit is receivable by a person responsible for each child who is under 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.

Rate per week

  2023/24 (£) 2022/23 (£)
Eldest / only child 24.00 21.80
Other children 15.90 14.45

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© 2024 Millet Accountants Ltd. All rights reserved.

Millet Accountants Ltd, Beyond Aldgate Tower, 2 Leman Street, London, E1 8FA

Millet is the trading name for Millet Accountants Ltd.
Registered office: Beyond Aldgate Tower, 2 Leman Street, London E1 8FA
Registered in England and Wales, Company number 07950802
A firm of Chartered Accountants registered to carry on audit in the UK by the Institute of Chartered Accountants in England and Wales.
Director: Andrew Millet BA MBA FCA

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