UK Child benefit changes take effect today
More than a million better-off families will lose some or all of their child benefit, under changes which came into force at midnight. Families with one parent earning more than £50,000 lose part of their child benefit and it will be fully withdrawn where one parent earns above £60,000. However, if both parents earn £49,000 each, they will continue to receive child benefit.
David Cameron described the move as "fundamentally fair" but Labour said it was a "huge assault" on families.