MoneyWeek

Child benefit system changes

Chancellor Jeremy Hunt has revealed that the amount of child benefit many families receive will change from April. Child benefit is worth £24 a week for your first child, then £15.90 for each additional one. This will rise to £25.60 and £16.95 from April. However, if one person in your household earns more than £50,000, the amount of child benefit you are entitled to starts to shrink, tapering off to

You’re reading a preview, subscribe to read more.

More from MoneyWeek

MoneyWeek4 min read
Investing In Liquid Gold
Hand a whisky lover a time machine, and they might well set the dials for 1993, when Oddbins began selling an Islay single malt matured for 29 years in sherry casks. The price of Black Bowmore – £110 a bottle – was considered pretty steep at the time
MoneyWeek2 min read
Hindujas Top List
The 350 wealthiest individuals and families in Britain that make up this year’s Sunday Times Rich List are worth a combined £795.36bn – a sum bigger than Poland’s economy, says the paper’s Robert Watts. But it appears “Britain’s billionaire boom has
MoneyWeek2 min read
China’s Rally Has Room To Run
China has announced “the most significant steps yet” to tackle a long-running property crisis, says João da Silva for BBC News. The central bank will establish a ¥300bn (£32.8bn) fund to enable local governments to buy up unsold property and convert

Related Books & Audiobooks