Overview

• New policy would raise the high-income child benefit tax charge threshold to £120,000, benefiting 700,000 families.
• Child benefit would be gradually withdrawn up to a household income of £160,000 under the new system.
• The changes are projected to save affected families an average of £1,500 annually.
• Critics argue the policy favors higher-income households and question the feasibility of funding through tax avoidance crackdowns.
• Children’s minister faced criticism for not knowing current child benefit figures during a radio interview.