child tax only for 2 children only now

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child tax only for 2 children only now

Post by Admin on Fri Apr 21, 2017 8:29 pm

http://www.entitledto.co.uk/help/Benefit_Changes_April_2017

The following benefit changes are set to take effect from April 2017. Child Tax Credit changes From 6 April 2017 support provided through Child Tax Credit will be limited for some new births - if you already have 2 or more children any subsequent children born on or after 6 April 2017 will not be eligible for further support. You can still receive a child element for more than 2 children if the children were born before 6 April 2017. Read more about this change, including the exclusions that apply, in our two child exemptions guide. In addition to the 2 child limit, the ‘family element’ of £545 per year will be abolished. In effect this will mean that families with at least one child born before 6 April 2017 will continue to get the family element but claims where the eldest child is born on or after 6 April will not receive the family element. Employment and Support Allowance work-related activity group New claimants of Employment and Support Allowance who are placed in the Work-Related Activity Group will receive the same rate of benefit as those claiming Jobseeker’s Allowance because the Work Related Activity component is being abolished. This does not affect people placed in the Support Group. Universal Credit changes From 6 April 2017 Universal Credit will be limited for some new births - if you are already claiming Universal Credit and have 2 children there will be no increase for subsequent children born on or after 6 April. New claims for Universal Credit from families that already have more than two children will be redirected to Tax Credits until November 2018, including people in UC full service areas. If your eldest child is born on or after 6 April 2017 you will not be eligible for the ‘first child premium’ in Universal Credit - a higher rate of child element for the first child - which means the child element for the first child will be the same rate as for the second child. There will be a reduction in the taper rate to 63% from 10 April. This means for every £1 you earn over your work allowance (if you are eligible for one) your Universal Credit will be reduced by 63 pence instead of 65 pence as it currently stands. The entitledto benefits calculator shows you your entitlement using the current and the new taper rate so you can see how this change will affect you when it is introduced. wrote:

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