Basic rate taxpayers could face ‘high income’ child benefit charge

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high income child benefit charges

Basic rate taxpayers could face ‘high income’ child benefit charge

Due to a mismatch of earnings thresholds, basic rate taxpayers may unexpectedly come under the scope of the High Income Child Benefit Charge in April. The Low Incomes Tax Reform Group (LITRG) has issued a warning to families that they may be subject to a tax charge when claiming Child Benefit due to a discrepancy […]

Basic rate taxpayers could face ‘high income’ child benefit charge Read More »

Due to a mismatch of earnings thresholds, basic rate taxpayers may unexpectedly come under the scope of the High Income Child Benefit Charge in April. The Low Incomes Tax Reform Group (LITRG) has issued a warning to families that they may be subject to a tax charge when claiming Child Benefit due to a discrepancy

COVID-19 Government Rescue Update – 08 January 2021

As we find ourselves in another national lockdown, the government has increased support by introducing £4.6b towards new lockdown grants to support businesses. This update covers the details of these new grants together with some recent updates across the government’s other COVID-19 business support measures. Coronavirus Job Retention Scheme (CJRS) Self-Employment Income Support Scheme (SEISS)

COVID-19 Government Rescue Update – 08 January 2021 Read More »

As we find ourselves in another national lockdown, the government has increased support by introducing £4.6b towards new lockdown grants to support businesses. This update covers the details of these new grants together with some recent updates across the government’s other COVID-19 business support measures. Coronavirus Job Retention Scheme (CJRS) Self-Employment Income Support Scheme (SEISS)