BusinessPostCorner.com
No Result
View All Result
Saturday, July 18, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Child benefit claims rise after income rule change

August 21, 2024
in Business
Reading Time: 1 min read
A A
0
Child benefit claims rise after income rule change
ShareShareShareShareShare

“The boost in claimants in April is good news,” said Laura Suter, director of personal finance at AJ Bell.

“It’s likely that the announcement by the government had a dual effect: it made more people eligible for the benefit and so they claimed, but it also put child benefit in the news and reminded other parents who were already eligible that they should claim it.”

But she added that “we’re coming from a low base” as the benefit is “chronically underclaimed”.

The latest annual figures show the number of families getting child benefit payments has dropped to its lowest level since records began, she said.

A total of 683,000 families, external, accounting for 1.05 million children, opted out of getting the payments because they would have had to pay the HICBC.

“If these families had been eligible they could have claimed £1.15bn in additional support,” Ms Suter said.

Credit: Source link

ShareTweetSendPinShare
Previous Post

UK energy industry warns of grave concerns on jobs and investment

Next Post

Star fund manager takes leave amid accusations of cherry picking

Next Post
Star fund manager takes leave amid accusations of cherry picking

Star fund manager takes leave amid accusations of cherry picking

Cost segregation in the age of AI: What the IRS Audit Technique Guidelines reveal

Cost segregation in the age of AI: What the IRS Audit Technique Guidelines reveal

July 13, 2026
On the move: Wipfli names a CFO

On the move: Wipfli names a CFO

July 17, 2026
De Beers halts diamond production at flagship South African mine for two years

De Beers halts diamond production at flagship South African mine for two years

July 14, 2026
Stranded pollock prompt EU to delay fish import controls for US

Stranded pollock prompt EU to delay fish import controls for US

July 12, 2026
IMA unveils Management Accounting Competency Index

IMA unveils Management Accounting Competency Index

July 14, 2026
IBM shares plunge 25% after CEO admits company fell behind

IBM shares plunge 25% after CEO admits company fell behind

July 15, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

My journey down the rabbit hole at the Conspiracy World Cup

My journey down the rabbit hole at the Conspiracy World Cup

July 18, 2026
After Supreme Court loss, Trump tests a new tariff strategy on Brazil and other countries may follow

After Supreme Court loss, Trump tests a new tariff strategy on Brazil and other countries may follow

July 17, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!