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Weekly amounts of child / working tax credits and child benefit.
Child Benefit is receivable by a person responsible for each child until they reach 16, or 19 if they stay in education or training.
If the person (or their spouse or partner) has 'adjusted net income' above £50,000 the person with the highest income has to pay some of the Child Benefit as a tax charge.
Where 'adjusted net income' is more than £60,000 a year, the tax charge equals the Child Benefit received.
For the continued health and safety of our staff and clients, the J V Banks offices in Rhyl and Llandudno have been temporarily closed effective 23 March 2020. Our partners and key staff are now working from home.
The change in location has had little impact on us operationally and we continue to provide our accountancy, VAT and payroll services as normal.
Our telephone and email contact details remain the same.
You may continue to drop off any records through letterboxes at our offices, and post items to us in the usual way. Items will be collected on a rota basis by one of our team regularly.
Please note: if your item is time sensitive or urgent please email or telephone your usual contact in the first instance.
All face to face client meetings have also been suspended and we will work with you to establish alternative arrangements if you are affected by this.
We have been inundated with requests for information regarding the impact of COVID-19 on business and on Government support packages available.
There is a range of COVID-19 content available on our website and we will continue to update you via our email newsletters when information becomes available.
This is a challenging time for us all and J V Banks appreciate the trust you place in us and hope everyone stays safe and well.
J V Banks