Parents and carers need to be aware that if either of the couple have ‘adjusted net income’ in excess of £50,000 then the one with the higher income will potentially be charged to tax on some or all of the child benefit and will need to request a self-assessment tax return to report the amount…
Category Archives: Benefits
08
Apr
Apr
The government has announced that Working Tax Credits payments will be increased from 6 April 2020. As part of a number of measures to support the country during the COVID-19 pandemic, the basic element of Working Tax Credit has been increased by £1,045 to £3,040 from 6 April 2020 until 5 April 2021. The amount…
Benefits, Blog, coronavirus
Debt management collection suspended by the Department of Work and Pensions (DWP) for benefit debt
08
Apr
Apr
DWP have issued a statement on their debt management telephone line, advising the suspension of debt management collection for overpayments of benefits, tax credits and social funds for a temporary period. They will not be issuing new collection notices or collecting any debt during this time. DWPÂ are writing to employers to ask them to temporarily…
03
Apr
Apr
If your income has been affected by Covid-19 and you need to apply for Universal Credit see our client factsheet.
