Treasury written question – answered am ar 27 Chwefror 2024.
Angela Crawley
Scottish National Party, Lanark and Hamilton East
To ask the Chancellor of the exchequer, what assessment he has made of the potential impact of the high income child benefit charge on children's living standards.
Nigel Huddleston
The Financial Secretary to the Treasury
The High Income Child Benefit Charge (HICBC) only affects Child Benefit recipients who have, or whose partner has, and adjusted net income between £50,000 and £60,000.
Data on children living in low-income households is available in the public domain as part of the Households Below Average Income statistical release, published on GOV.UK by the Department for Work and Pensions.
Yes2 people think so
No1 person thinks not
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The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
