Meet the Other Phone. Protection built in.

Meet the Other Phone.
Protection built in.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

Budget - child benefit

76 replies

TheOneWithUnagi · 06/03/2024 13:47

Some good news in the budget today about child benefit.

Current limit at which you start to pay back via higher income charge is £50k, will move to £60k.

You will get no child benefit over £80k vs £60k now. Between £60 and £80k will taper.

Longer term they will look to tax household income somehow. As this still means 2 people earning £59k each will get it vs one earning £61k won't get it 100%.

Shame there was no increase in £100k limit (although hardly surprising given how this is defended on here!)

OP posts:
sophi1995 · 10/03/2024 09:59

This is fabulous news for the UK! I don't live there but have always thought that your child benefit limits were very low and harsh on parents. Also good to hear they will soon extend it to household income because the current eligibility requirements are bizarre.

New posts on this thread. Refresh page
Swipe left for the next trending thread