- Child Benefit per year
- £2,337.40
- Child Benefit per week
- £44.95
- High Income Child Benefit Charge
- £1,168.70
- Child Benefit you keep
- £1,168.70
- Working
- Eldest child £27.05 + 1 × £17.90 = £44.95 a week
- £44.95 × 52 weeks = £2,337.40 a year
- Income £70,000.00 is £10,000.00 over £60,000 → 1% for every full £200 = 50% → 50% of £2,337.40 = £1,168.70 charge
- The yearly figure assumes 52 weeks of payment. The charge is paid by whichever partner has the higher adjusted net income, through Self Assessment or PAYE. If a child is born or turns 16 during the year, the amounts are lower.