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By Chris Dorrell Chancellor Jeremy Hunt has announced reforms to the “unfair” High Income Child Benefit Charge, which will see the levy assessed on a household basis starting in 2026. Under rules introduced in 2013, child benefit starts to be withdrawn when one parent earns over £50,000 a year. This means two parents earning £49,000 a year receive the benefit in full but it is withdrawn from households earning less overall if only one parent earns over £50,000. “The way we treat Child Benefit in the tax system is confusing and unfair,” Jeremy Hunt said. Hunt said he will consult on moving the …

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