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tax credits and child benefit new tax year
asandwhen
Posts: 1,407 Forumite
Does the amount of child benefit go up in the new tax year?
Does the earnings limits for tax credits rise in the new tax year?
Does the earnings limits for tax credits rise in the new tax year?
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Comments
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Does the amount of child benefit go up in the new tax year?
Does the earnings limits for tax credits rise in the new tax year?
Child benefit is going up yes. We've got 2 kids and ours is going up from £116.60 to £120.80 every 4 weeks.
not sure about the tax credits tho sorry.Total 'Failed Business' Debt £29,043
Que sera, sera.
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Yes, the first child has gone up from £17.45 to £18.10, and the second child from £11.70 to £12.10 - the lone child element has been removed.No longer using this account for new posts from 20130
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Tax credits.
The income threshold for those only claiming CTC goes up by £350 year (from 14155 to 14495)
Here's the rates table:
http://www.hmrc.gov.uk/rates/taxcredits.htm0
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