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Old 31-03-2017, 01:41 PM #23
user104658 user104658 is offline
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Join Date: Jul 2013
Posts: 36,685
user104658 user104658 is offline
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Join Date: Jul 2013
Posts: 36,685
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FFFFSSSS I have now replied to this 3 times the forum keeps eating my reply!

OK even shorter this time...

Child Bennefits rules changed in 2013.

If they earn over £60k profit from their business they don't get child benefits.

Based on not getting other credits, it is safe to assume their business does earn more than £60k profit.

TL;DR - They don't get child benefits no matter how many kids they have (this is how the equation works. Starts to reduce at £50k, nothing at all over £60k)

Quote:
If you have an income of between £50,000 and £60,000 a year, the amount of extra tax you'll have to pay will be 1 per cent of the amount of Child Benefit you get for every £100 of your income above £50,000.
Now POST! Goddamn you forum...

[edit] YAS. It posted

Last edited by user104658; 31-03-2017 at 01:41 PM.
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