The impact of budget cuts on early child care is being felt by NYC families

NYC families feeling impacts of budget cuts on early child care. Almost every public service in New York City has seen significant budget cuts this year. So what do those cuts look like for early childhood education? Check out what you need to know about the impact of the budget cuts.

Chancellor Jeremy Hunt has introduced reforms to the High Income Child Benefit Charge (HICBC) High earners will pay less tax. Parents urged to claim Child Benefit as thousands could get £1,660 boost after tax changes. High earners paying less tax will result in higher rates of child benefit.

Jeremy Hunt has raised the threshold for the ‘high income child benefit charge’ to £1,500. Jeremy Hunt raised the tax threshold to £2,500 for the 'high income' charge. Child benefit tax calculator is available to help you see how your benefits are affected by the Budget.