Commons Sense

House of Commons · Ministers' Questions

High income Child Benefit Charge

Tuesday 7 May 2024 · 2 questions

Summarised by AI from the official record, so it can contain mistakes.

At a glance

Answered 2 Partly answered 0 Not answered 0

Key points

  • The high income child benefit charge threshold was raised to 60,000 on 6 April 2024.
  • The Government estimate that the changes will take 170,000 families out of paying the charge in 2024-25.
  • Almost half a million hard-working families will gain an average of 1,260 in 2024-25.

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Questions & Answers

Context

The question concerns an assessment of changes made to the high income child benefit charge, affecting household incomes.

Question

What assessment has been made of the impact of raising the high income child benefit charge threshold on household incomes?

Answer from Nigel Huddleston

The high income child benefit charge threshold was raised to £60,000 on 6 April 2024. The point at which child benefit is fully withdrawn was also increased to £80,000, and the Government estimate that this will take 170,000 families out of paying the charge in 2024-25. The Government also plan to administer HICBC on a household rather than an individual basis by April 2026.

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Context

The questioner has received numerous contacts from South Derbyshire parents regarding the unfair situation they are caught in due to recent policy changes.

Question

I have been contacted by many South Derbyshire parents who are caught in this unfair situation. Can the Minister be even more precise about the savings that this will now mean for my affected constituents?

Answer from Nigel Huddleston

Almost half a million hard-working families will gain an average of £1,260 towards the cost of raising their children in 2024-25. This is described as a meaningful difference for constituents.

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