Budget: High Income Child Benefit Charge threshold increased from £50,000 to £60,000

[MidnightPatrol]

"Hunt says 500,00 families will gain almost £1,300 from increase in high income threshold for child benefit

Hunt says he will change the way child benefit is paid.

At the moment the high income threshold applies to individuals, not households. That will change, he says.

And he says he is also increasing the higher income threshold. It will go up from £50,000 to £60,000.

He claims that almost half a million families will gain by almost £1,300."

Personally think a tax allowance for children, it’s acknowledged that adults should be allowed to earn £12500 to maintain themselves. However parents are not allowed to have earn anything tax free on behalf of their children to maintain them, despite the fact they are people too, their effectively treated like pets in the tax system