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The Guardian - UK
The Guardian - UK
Business
Rupert Jones

UK families to benefit by up to £3,000 from changes to child benefit tax

A man playing with children on park swings
The Treasury changes mean a taxable income of £80,000 a year will rule out any child benefit payment. Photograph: Elly Godfroy/Alamy

Several hundred thousand families are to be better off, some by as much as £3,000, during the 2024-25 tax year after the government finally admitted that a child benefit measure brought in 11 years ago had not worked fairly.

A change to child benefit is just one of a raft of changes coming in on 6 April, the start of the new tax year, including a cut in national insurance for employees to 8% from 10%.

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