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Child labor |
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Child laborEmployment of children under a specified minimum age.Similar MatchesChild deferred endowmentChild deferred endowmentAn endowment assurance, on the life of a child, which can be taken as cash at maturity or converted to a full endowment or whole life assurance. Children's bonus bondChildren's bonus bondSee 'baby bond'. Children's tax creditChildren's tax creditReplaced by Child Tax Credit in April 2003, children's tax credit is aimed at anyone with a child under 16, regardless of their marital status. The credit replaced the married couples allowance in April 2001 and is worth up to £545 per year.The tax credit has been criticised as 'anti family' because a household in which one person stays at home to look after the children will be excluded if the other goes out to work and earns more than £50,000. By contrast, a household in which both work and each earn £30,000 - bringing total household income to £60,000 - will still be eligible. |
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