Jeremy Hunt lifts child benefit high-income charge threshold in Budget surprise
1 year ago

Jeremy Hunt lifts child benefit high-income charge threshold in Budget surprise

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Chancellor of the Exchequer Jeremy Hunt delivering his Budget to the House of Commons in London on Wednesday Currently, if you earn £50,000 or more before tax each year you can still claim child benefit, but you have to start paying a “child benefit tax charge” above that threshold. open image in gallery Labour leader Sir Keir Starmer responds to the Budget announcement Chancellor Jeremy Hunt said child benefit is withdrawn when one parent earns more than £50,000 a year, saying: “That means two parents earning £49,000 a year receive the benefit in full but a household earning a lot less than that does not if just one parent earns over £50,000. open image in gallery Jess Phillips Phillips, the former shadow minister for domestic violence and safeguarding, took a swipe at the chancellor’s child benefit announcement on social media Ms Phillips, the former shadow minister for domestic violence and safeguarding, took a swipe at the chancellor’s child benefit announcement on social media, posting on X: “Love Jeremy Hunt is undoing an unfairness in child benefit that a government he was a cabinet minister in started. “Chancellor tipped me off before budget, said this was due in large to MSE/my shows campaigning – all based on all those of you who messaged me to say it was the key thing to put to him.” IFS director Paul Johnson said: “Radical change this – allowing HMRC to collect household-level information so as to reform high-income child benefit charge.

History of this topic

Lack of reform to child benefit bad news for single-parent families, says Martin Lewis
4 months, 3 weeks ago
Martin Lewis addresses two-child benefit cap amid Labour row
8 months ago
Jeremy Hunt doubles down on £100,000 salaries: ‘It doesn’t go as far as you might think’
1 year ago
Jeremy Hunt’s Budget shows why mothers like me feel abandoned by the Tories
1 year ago
Martin Lewis puts pressure on Jeremy Hunt to fix 'unfair' child benefit rules in his next Budget
1 year, 2 months ago
Martin Lewis grills Jeremy Hunt over ‘unfair’ child benefit system
1 year, 2 months ago
Hunt spends Budget windfall on childcare and tax breaks for wealthy pensioners
2 years ago
Families with children ‘to be hit hardest if benefits are uprated by earnings’
2 years, 5 months ago
‘Catastrophe’: Warning that benefits cut would plunge 200,000 more children into poverty
2 years, 5 months ago
Liz Truss plans to cut taxes further in the new year
2 years, 6 months ago
Child tax credit expansion sets up showdown with GOP
4 years ago
Congress Could Finally Make Life Better For Parents — If It Doesn't Blow It
4 years, 1 month ago
Parents are spending child benefit on bills as finances tighten during pandemic, says charity
4 years, 6 months ago
Child poverty on course for record high due to stagnant wages and benefits cuts, report finds
6 years, 1 month ago
Families struggling as cost of bringing up a child rises to £148,000, warns CPAG
11 years, 7 months ago
BUDGET 2012: Child benefit cut-off rises to £60,000 as Osborne bows to family pressure
13 years ago

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