• High Income Child Benefit Charge (HICBC)

    Introduced by HMRC in 2013, the High Income Child Benefit Charge applies to parents earning over £50,000 adjusted income per year.  Total taxable income less pension contributions and gift-aid donations give the adjusted net income figure. HICBC places a tax charge of 1% on child benefit for each £100 above the £50,000 threshold the high-earner

    Services
    Published 27.02.19
  • New Childcare Scheme from Autumn 2015

    A new childcare scheme is planned on being introduced next year to support working families with their childcare costs. For childcare costs of up to £6,000 per year per child, support of 20% will be available worth up to £1,200. From the first year of operation, all children under 5 will be eligible and the

    Services
    Published 02.07.15