From April of next year high earners will lose their child benefit privileges.
Tynwald approved the major changes set by the Department of Social Care during Tuesday’s sitting.
As it stands parents receive £20.40 a week for their first child and an extra £13.50 per week for subsequent children.
Those families earning more than £90,000 will now stop receiving the weekly payments, those earning less than £60,000 will continue as normal.
Social Care Minister Chris Robertshaw explained the new system and who stands to lose out:
New ministerial post created by chief minister
Huge floating book fair to arrive in Douglas next month
Stay safe for Hop Tu Naa tonight
Special Olympics fundraiser needs you
Peel ready for bonfire and fireworks later
Government: "UK never told us about child murderer"
Farm shop's newest worker needs your name suggestions
Bus Vannin gives update on staffing problems and routes affected today
Comments
Add a comment