Only a few days to go: We’re raising £25,000 to keep TheyWorkForYou running and make sure people across the UK can hold their elected representatives to account.Donate to our crowdfunder
Child Benefit remains a universal benefit. However, the Government introduced the High Income Child Benefit Charge (HICBC) from January 2013 to ensure that support is targeted at those who need it most. It applies to anyone with an individual income over £50,000, who claims Child Benefit or whose partner claims it. The charge increases gradually for taxpayers with incomes between £50,000 and £60,000.
The Government believes that these are currently the right levels for the HICBC thresholds, but as with all elements of tax policy this remains under review.