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 £60,000 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 £80,000 a year, the tax charge equals the Child Benefit received.

Rate per week

  2024/25 (£)
Eldest / only child 25.60
Other children 16.95

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E: info@phm-accountants.co.uk

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Phipps Henson McAllister are registered to carry on audit work in the UK and regulated for a range of investment business activities by the Institute of Chartered Accountants in England & Wales.

Details about our audit registration can be viewed at www.auditregister.org.uk for the UK, under reference number EWC008449569.

This firm is not authorised under the Financial Services and Markets Act 2000 but we are able in certain circumstances to offer a limited range of investment services to clients because we are members of the Institute of Chartered Accountants in England and Wales. We can provide these investment services if they are an incidental part of the professional services we have been engaged to provide.